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Question

In how many years amounts of money will treple itself at a simple rate of interest is 20% per annum?

ANSWER : 2

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<p style = "box - sizing: border - box; margin: 0px 0px 8px; padding: 0px; min - height: 24px; font - size: 18px; line - height: 24px; font - family: ProximaNova, Helvetica, Arial, sans - serif; background - color: #ffffff;">Let the principle be tk. x.
<p style = "box - sizing: border - box; margin: 0px 0px 8px; padding: 0px; min - height: 24px; font - size: 18px; line - height: 24px; font - family: ProximaNova, Helvetica, Arial, sans - serif; background - color: #ffffff;">So total amount = tk. 3x.
<p style = "box - sizing: border - box; margin: 0px 0px 8px; padding: 0px; min - height: 24px; font - size: 18px; line - height: 24px; font - family: ProximaNova, Helvetica, Arial, sans - serif; background - color: #ffffff;"> 
<p style = "box - sizing: border - box; margin: 0px 0px 8px; padding: 0px; min - height: 24px; font - size: 18px; line - height: 24px; font - family: ProximaNova, Helvetica, Arial, sans - serif; background - color: #ffffff;">so,interest = 3x - x = 2x
<p style = "box - sizing: border - box; margin: 0px 0px 8px; padding: 0px; min - height: 24px; font - size: 18px; line - height: 24px; font - family: ProximaNova, Helvetica, Arial, sans - serif; background - color: #ffffff;"> 
<p style = "box - sizing: border - box; margin: 0px 0px 8px; padding: 0px; min - height: 24px; font - size: 18px; line - height: 24px; font - family: ProximaNova, Helvetica, Arial, sans - serif; background - color: #ffffff;"><img style = "box - sizing: border - box; border: 0px;" src = "https://tex.z - dn.net/?f = %5Cbold%7BAlso%3A%7D%5C%5C%5C%5C%5C%5C%5Cboxed%7B%5Cbold%7BSI%3D%5Cdfrac%7BPrinciple%5Ctimes%20Time%5Ctimes%20Rate%7D%7B100%7D%7D%7D%5C%5C%5C%5C%5C%5C%5Cmathfrak%7BAccording%5C%3Bto%5C%3BQuestion%3A%7D%5C%5C%5C%5C%5C%5C%5Cimplies%5Ctt%7B2x%3D%5Cdfrac%7Bx%5Ctimes%20t%5Ctimes%2020%7D%7B100%7D%7D%5C%5C%5C%5C%5C%5C%5Cimplies%5Ctt%7B200x%3D20xt%7D%5C%5C%5C%5C%5C%5C%5Cimplies%5Ctt%7Bt%3D%5Cdfrac%7B200x%7D%7B20x%7D%7D%5C%5C%5C%5C%5C%5C%5Cimplies%5Ctt%7Bt%3D10%5C%3Byears.%7D%5C%5C%5C%5C%5C%5C%5C%5C%5Cboxed%7B%5Cboxed%7B%5Cbold%7BTime%3D10%5C%3Byears%7D%7D%7D" />

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