App Logo

No.1 PSC Learning App

1M+ Downloads
In how many years a sum will be thrice of it, if it is deposited at simple interest of 10%

A18 years

B20 years

C25 years

D30 years

Answer:

B. 20 years

Read Explanation:

N = 200/R = 200/10 = 20 years


Related Questions:

A sum, when invested at 10% simple interest per annum, amounts to ₹3120 after 3 years. What is the simple interest (in ₹) on the same sum at the same rate of interest in 2 years?
If a sum of money at Simple interest doubles in 6 years, it will become four times in
Kabir paid Rs. 9600 as interest on a loan he took 5 years ago at 16% rate of simple interest. What was the amount he took as loan?
സമീർ സാധാരണ പലിശ കണക്കാക്കുന്ന ഒരു ബാങ്കിൽ നിന്നും 30000 രൂപ കടമെടുത്തു. പലിശനിരക്ക് 12 % ആണെങ്കിൽ 2 വർഷം കഴിയുമ്പോൾ ഒരു രൂപ ബാങ്കിൽ അടയ്ക്കണം ?
'A' lent ₹5000 to 'B' for 2 years and ₹3000 to 'C' for 4 years on simple interest at the same rate of interest and received ₹2200 in all from both of them as interest. The rate of interest per annum is-