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A lends a sum of money for 10 years at 5...

A lends a sum of money for 10 years at 5% SI. B lends double the amount for 5 years at the same rate of interest . Which of the following statements is true in his regard ?

A

A will get twice the amount of interest that B would get

B

B will get twice the amount of interest that A would get

C

A will get the same amount of interest that B would get

D

B will get four times the amount of interest that A would get

Text Solution

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The correct Answer is:
C
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QUANTUM CAT-CI/ SI/ INSTALMENTS-QUESTION BANK
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  8. Find the amount of Rs. 1700 invested at 16% half yearly at simple inte...

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  10. The compound interest on Rs. 10000 at 20% p.a. in 4 years :

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  11. The compound interest on Rs. 4000 at 25% p.a. in 3 years :

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  12. The compound' interest on ₹ 5000 at 30%. per annum for 4 years:

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  13. A sum of Rs 400 would become Rs. 441 after 2 years at r% compound inte...

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  14. At compound interest , if a certain sum of money doubles in n years , ...

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  16. The least number of complete years in which, a sum of money put at 20%...

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  18. A sum of Rs. 2400 deposited at Cl, doubled after 5 years. After 20 yea...

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  19. A sum of ₹ 550 was taken as a loan. This is to be paid back in two equ...

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