CLEAR
Toprankers-Info

+91 7676564400

Mobile App

Get it on Google Play
Discussions
Select Date
Tags:

Articles

Discussions
Submit Discussion
bobby

· started a discussion

· 1 Months ago

wrong answer (Question: 186612.0 )

can u please elaborate the sol

Question:
A sum of money becomes 3 times in 5 years at simple interest. In how many years will the same sum become 6 time at the same rate of simple interest?
Options:
A) 10 years
B) 12 years
C) 12.5 years
D) 10.5 years
Solution:
Ans: (c)

The sum of money gets three times means  200% is being added to the original sum(principal) in 5 years

So, 500% will be added in 12 and ½ years.

Knowledge Expert

· commented

· 1 Months ago

The sum of money gets three times means 200% is being added to the original sum(principal) in 5 years
So, 500% will be added in 12 and ½ years.

So, option(c)-12.5 years is correct....we resolved it..........
-logo
We at aim to provide most comprehensive content & test for practice which is carefully divided into various chapters and topics to help you focus on your weak areas.Our Practice mock test gives you unmatched analytics to help you realize your strong areas,time management and improvement areas.Our Short & Crisp notes on each topic will help you to quickly revise the topic along with the tips & tricks of the exams.
More About
-Info
-Info

Mobile App

Get it on Google Play
About Us Campus Ambassador Careers Contact Us Refund Policy

All Rights Reserved Top Rankers

User Policy
Disclaimer
Terms & Conditions