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Consider the following statements. If a ...

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 :.

A

I and III are correct

B

II alone is correct

C

III alone is correct

D

II and III are correct

Text Solution

Verified by Experts

The correct Answer is:
B
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DISHA PUBLICATION-INTEREST-Practice Exercises (Standard Level)
  1. A sum was put at simple interest at a certain rate for 2 years. Had it...

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  2. A sum of money at compound interst amount in two years to 2809, and in...

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  3. Consider the following statements. If a money is loaned at simple inte...

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  4. Simple interest on a certain amount is (9)/(16) of the principal. If ...

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  5. If the rate increases by 2% the simple interest received on a sum of m...

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  6. A man lends 10,000 in four parts. If he gets 8% on 2000,7(1)/(2)% on ...

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  7. A man borrows 12,500 at 20% compound interest. At the end of every yea...

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  8. A part of 38,800 is lent out at 6% per six months. The rest of the amo...

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  9. The difference between C.I. and S.I. on a certain sum of money at 10% ...

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  10. We had 1000 goats at the beginning of year 2001 and the no. of goats e...

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  11. The population of towns A and B is the ratio of 1 : 4. For the next 2 ...

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  12. If the population of a town at the beginning of a year was 1530000, an...

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  13. Arun borrowed a sum of money from Jayant at the rate of 8% per annum s...

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  14. What will be the difference between simple interest and compound inter...

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  15. Aniket deposited two parts of a sum of 25000 in different banks at the...

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  16. Mr. X invested an amount for 2 years at 15 percent per annum at simple...

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  17. Mr Sridharan invested money in two schemes A and B, offering compound ...

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  18. Parmeshwarn invested an amount of Rs 12,000 at the rate of 10% per ann...

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  19. Simplify:- √400 + (5+2)^2 = ?

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  20. Two equal sums of money were invested, one at 4% and the other at 4.5%...

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