Consider the following statements. If a money is loaned at simple interest then the
money gets doubled in 5 years if the rate of interest is `16(2)/3%`
money gets doubled in 5 years if the rate of interest is `20%`
money becomes four times in 10 years if it gets doubled in 5 years of these statements :.

Options

A. (i) and (iii) are correct
B. (iii) alone is correct
C. (ii) alone is correct
D. (ii) and (iii) are correct

Answer

C