Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

In certain years a sum of money is doubled to itself at the rate 25% simple interest per annum, then find the time.

Options:

16 years

12 years

8 years

4 years

Correct Answer:

4 years

Explanation:

ATQ

P  :   A    :    S.I.                  

1  :   2    :     1 

⇒ S.I. = \(\frac{PRT}{100}\)

⇒  1 = \(\frac{1 × 25 × T}{100}\)

⇒  T = 4 years