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Madhukar Gupta

· started a discussion

· 1 Months ago

not given in options

Question:

If a sum of money at a certain rate of simple interest per year doubles in 5 years and at a different rate of simple interest per year becomes three times in 12 years, then the difference in the two rates of simple interest per year is -

Options:
A)

2%

B)

3%

C)

\(3\frac{1}{3} \%\)    

D)

413%    

Solution:

Ans: (c)

  

Knowledge Expert

· commented

· 1 Months ago

Dear student
We fixed it

Best wishes
Team TR

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