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Consider the following statements : If a sum of money is lent at simple interest, then the 1. money gets doubled in 5 years if the rate of interest is 16 2. money gets doubled in 5 years if the rate of interest is 20%. 3. money becomes four times in 10 years if it gets doubled in 5 years. Of these statements, |
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Required ratio = 800 : 750 = 16 : 15
% per annum on the agreement that the whole sum will be returned only when the total interest becomes ₹ 126. The number of years, after which the borrowed sum is to be returned, is :
%.