Answer:
the answer will. be 20 years.. by unitary method
Step-by-step explanation:
money doubles itself in 5 years
then in 1 times= 5/2
then the money will become 8 times in =5/2*8=20 years
let sum=P
Time=2 Years
Amount=2P
According to the question
⇒P(1+ r/100)^5 =2P
⇒(1+ r/100)^5 =2
Cubing on both the side
⇒(1+ r/100)^15 = (2)^3
→ ( 1 + r/100)^15 = 8
⇒P(1+ r/100)^15 = 8P
Hence,in 15 Years amount to eight times itself
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Answers & Comments
Answer:
the answer will. be 20 years.. by unitary method
Step-by-step explanation:
money doubles itself in 5 years
then in 1 times= 5/2
then the money will become 8 times in =5/2*8=20 years
Answer:
let sum=P
Time=2 Years
Amount=2P
According to the question
⇒P(1+ r/100)^5 =2P
⇒(1+ r/100)^5 =2
Cubing on both the side
⇒(1+ r/100)^15 = (2)^3
→ ( 1 + r/100)^15 = 8
⇒P(1+ r/100)^15 = 8P
Hence,in 15 Years amount to eight times itself