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Rs 1000 is invested at 5% per annum s...

Rs 1000 is invested at 5% per annum simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 2000 after (a) 15 years (b) `16 2/3` years (c) 18 years (d) `20` years

A

15 years

B

18 years

C

20 years

D

`16 (2)/(3)`years

Text Solution

Verified by Experts

The correct Answer is:
D
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