A

Admin • 828.70K Points
Coach

Q. Consider the following statements
If a sum of money is lent at simple interest, then the
I - money gets doubled in 5 years if the rate of interest is 16 2/3
II - money gets doubled in 5 years if the rate of interest is 20%.
III - money becomes four times in 10 years if it gets doubled in 5 years.

  • (A) I and III are correct
  • (B) II alone is correct
  • (C) III alone is correct
  • (D) II and III are correct
  • Correct Answer - Option(B)
  • Views: 10
  • Filed under category Math
  • Hashtags:

No solution found for this question.
Add Solution and get +2 points.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.