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In how many years will a sum of money put at simple interest treble itself ? I. The interest earned in 4 years is half the sum. II. The rate of interest is 12 III. The sum doubles itself in 8 years at simple interest. |
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Answer: Option D Explanation: Let sum be ₹ X. Then, I gives : When T = 4, then S.I. = ₹ X/2.
= (100 x X/2 x 1/X x 1/4) = 12 Now Sum = ₹ X, S.I. = ₹ 2X, R = 25
Thus, I only gives the answer. II gives, R = 25% p.a.
Thus, II only also gives the answer. III gives, R = 5% p.a.
Thus, III only also gives the answer. Correct answer is (D) |
Each of the questions given below consists of a question followed by three statements. You have to study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.
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