Home
Class 9
MATHS
A certain sum doubles in 3 years under s...

A certain sum doubles in 3 years under simple interest. In how many years will the sum become 5 times itself?

Text Solution

AI Generated Solution

To solve the problem step by step, we will use the concepts of simple interest. ### Step 1: Understand the Problem We know that a certain sum of money doubles in 3 years under simple interest. We need to find out how many years it will take for the sum to become 5 times itself. ### Step 2: Define Variables Let the principal amount (initial sum) be \( P \). ...
Promotional Banner

Topper's Solved these Questions

  • SIMPLE INTEREST AND COMPOUND INTEREST

    PEARSON IIT JEE FOUNDATION|Exercise SHORT ANSWER TYPE QUESTIONS|15 Videos
  • SIMPLE INTEREST AND COMPOUND INTEREST

    PEARSON IIT JEE FOUNDATION|Exercise EASY TYPE QUESTIONS|64 Videos
  • SIMPLE INTEREST AND COMPOUND INTEREST

    PEARSON IIT JEE FOUNDATION|Exercise CONCEPT APPLICATION|1 Videos
  • SIGNIFICANT FIGURES

    PEARSON IIT JEE FOUNDATION|Exercise Level 2|28 Videos
  • STATISTICS

    PEARSON IIT JEE FOUNDATION|Exercise LEVEL-3|19 Videos

Similar Questions

Explore conceptually related problems

A certain sum becomes 3 times itself in 6 years at simple interest. In how many years will it become 9 times itself ?

A sum of money becomes 3 times in 5 years at simple interest. In how many years will the same sum become 6 times at the same rate of simple interest?

If certain sum becomes 3 times itself in 4 years at compound interest, in how many years will the sum become 81 times itself at the same rate of interest?

PEARSON IIT JEE FOUNDATION-SIMPLE INTEREST AND COMPOUND INTEREST -TEST YOUR CONCEPTS
  1. Compound interest for one year on Rs 500 calculated half yearly at 20%...

    Text Solution

    |

  2. Find the compound interest on Rs 5000 at 10% per annum for 1 year, int...

    Text Solution

    |

  3. A certain sum doubles in 3 years under simple interest. In how many ye...

    Text Solution

    |

  4. Simple interest on a sum of Rs 10,000 for 3 years at the rate of 20% p...

    Text Solution

    |

  5. In what time will a sum become three times itself at 20% per annum, at...

    Text Solution

    |

  6. A certain sum becomes 16 times in 4 years at compound interest, compou...

    Text Solution

    |

  7. If compounding is done p times a year, at the rate of 5% per annum for...

    Text Solution

    |

  8. A certain sum amounts to Rs 73,255 in 3 years, and Rs 84,525 in 5 year...

    Text Solution

    |

  9. If certain sum becomes 3 times itself in 4 years at compound interest,...

    Text Solution

    |

  10. Raju borrowed Rs 15,000 from Mahesh at the rate of 15% per annum under...

    Text Solution

    |

  11. Farheen borrowed a sum of Rs 18,000 at the rate of 20% per annum, inte...

    Text Solution

    |

  12. Find the rate of simple interest per annum. If the sum borrowed become...

    Text Solution

    |

  13. Find the simple interest on Rs 5600 at 20% per annum from May 22 to No...

    Text Solution

    |

  14. If Rs 6000 becomes Rs 6720 in 2 years at simple interest how much does...

    Text Solution

    |

  15. The compound interest for 2 years and simple interest for 1 year on a ...

    Text Solution

    |

  16. The compound interst on a certain sum at a certain rate of interest fo...

    Text Solution

    |

  17. Farhan borrowed Rs 25,000 at 10% per annum under compound interest. He...

    Text Solution

    |

  18. The compoud interest on Rs 1000 is Rs 331 for 3 years at certain rate ...

    Text Solution

    |

  19. If Rs 6000 is lent at 10% per annum, interest being compounded annuall...

    Text Solution

    |

  20. What sum would amount to Rs 17,280 in 3 years, at an interest of 20% p...

    Text Solution

    |