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How long will it take for a sum of money...

How long will it take for a sum of money to grow from Rs 1600 to Rs 12000 if it is invested at 12.5% per annum simple interest ?

A

60 years

B

52 years

C

56 years

D

CND

Text Solution

Verified by Experts

The correct Answer is:
B
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GAGAN PRATAP -SIMPLE INTEREST (SI) -MULTIPLE CHOICE QUESTION
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  3. How long will it take for a sum of money to grow from Rs 1600 to Rs 12...

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  4. If the simple interest on a certain sum of money for 6 years 6 months ...

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  5. The difference between interest received by A and B is Rs. 36 on Rs. 2...

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  6. If a sum of money at simple interest becomes 36 times in 100 years, th...

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  7. A sum of money invested at simple interest 7 times itself in 12 years....

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  8. If a sum of money at simple interest becomes 11/8 times in 7.5 years, ...

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  9. If the ratio of principal and amount in current year at simple interes...

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  10. If the simple interest on a certain sum of money is Rs.7480 at the rat...

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  11. If x,y z are three sum of money such that y is the simple interset on ...

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  12. Rs. 4,300 becomes Rs. 4,644 in 2 years at simple interest. Find the pr...

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  13. The SI on a certain sum of money for 15 months at the rate of 7.5% per...

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  14. If a sum of money amounts to Rs.2502 in 3 years and Rs.3087 in 5.5 yea...

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  15. If a sum of money amounts to Rs.2502 in 3 years and Rs.3087 in 5.5 yea...

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  16. If a sum of money becomes 4000 in 2 year and 5500 in 4 year 6 month at...

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  17. A sum of money becomes Rs 8,928 in two years and Rs 10,224 in 3(1/2) y...

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  18. A sum lent out at simple interest amounts to Rs. 6076 in 1 year and Rs...

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  19. If Rs.84 amount to Rs.121.80 in 3 years. What will Rs.97 amounts to in...

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  20. A sum of money amounts to Rs. 15360 in 4 years. If the rate of interes...

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