Practicing Success
A certain sum of money becomes triple of itself in 26 years at simple interest. In how many years it will becomes five times of itself? |
64 years 52 years 56 years 60 years |
52 years |
Let Principal = 100 Rs It becomes triple in 26 years = 300 So, Interest = 300-100=200 Same Principle become five times = 500 So, Interest = 500-100=400 So, Interest becomes double from 200 to 400 hence time also become double i.e. 26×2=52 years (it means if interest is double, time also double itself) |