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Solution
The correct option is C 24 years
Principal amount = x, SI = x, for y rate of interest
x=x×y100×6
y=503%
For principal amount x, SI = 4x and rate =
503%
4x=x×503×1100×t
t = 4
× 6 = 24 years
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Transcript
at what rate percent will a sum of money Doubles itself in 6 years in this question we have been given that consider principal to BP principle is equals to pee so amount is equals to twice of PV know that formula for SI is equals to amount - principle that is topi -3 which is equals to also simple interest is equal to p into our into it upon 130 is equal to p into our in 26 upon hundred Soapy get cancer from this p&r comes out to be 106 that is is equal to 50 by 3 or we can say that 62 by 3%
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