How long will an amount of money triple at a simple interest rate of 1% per annum?

How long will an amount of money triple at a simple interest rate of 1% per annum?

How long will an amount of money triple at a simple interest rate of 1% per annum?
How long will an amount of money triple at a simple interest rate of 1% per annum?

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    How long will an amount of money triple at a simple interest rate of 1% per annum?

    How long will an amount of money triple at a simple interest rate of 1% per annum?

    SI=3P

    SI=(P*T*R)/100

    3P=(P*T*1)/100

    3P= P*T*0.01

    3P/ P0.01= P*T*0.01/ P0.01

    3/0.01=T

    T=300 Years

    or

    P=100

    SI=300

    Rate=1%

    SI = (P×T×R)÷100

    300= (100×T×1)÷100

    300= (T100)/100

    300=T

    T=300 Years