Q.In how many years will a principal amount triple at an annual simple interest rate of 10%?

Principal (P) = \( x \) rupees
Interest (I) = \( 3x - x = 2x \) rupees
Interest rate \(( r ) = 10\%\)

\(\therefore\) Time = \(\cfrac{100 \times 2x}{x \times 10}\) years

=\( 20 \) years

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