App Logo

No.1 PSC Learning App

1M+ Downloads
At what rate per annum with simple interest will any money becomes thrice in 12.5 years?

A8%

B16%

C12%

D20%

Answer:

B. 16%

Read Explanation:

S.I=Px12.5xR/100 2P=Px12.5xR/100


Related Questions:

At simple interest, a certain sum of money amounts to ₹1.250 in 2 years and to ₹2,000 in 5 years. Find the rate of interest per annum (rounded off to two places of decimal).
ഒരു രൂപക് ഒരു മാസം ഒരു പൈസ എന്ന നിരക്കിൽ 1500 രൂപക്ക് 2 വർഷത്തേക്കുള്ള സാധരണ പലിശ എത്ര?
If a sum of money at Simple interest doubles in 6 years, it will become four times in
Find the simple interest on Rs. 68,000 at 16 2/3 % per annum for 9 months.?
A financial institution claims that it returns three times the principal in 25 years on a certain rate of simple interest per annum. What is the rate of simple interest?