At simple interest, a sum doubles after 20 years. The rate of interest per annum is: Options: A . &nbsp5% B . &nbsp10% C . &nbsp12% D . &nbspData Inadequate

At simple interest, a sum doubles after 20 years. The rate of interest per annu

Question

At simple interest, a sum doubles after 20 years. The rate of interest per annum is:

Options:

A . 5%

B . 10%

C . 12%

D . Data Inadequate

Answer: Option A

Sum= p.
S.I= p and Time = 20 years
Rate=
= 5 % per annum

Was this answer helpful ?

Next Question

Question 1. At what rate of simple interest a certain sum will be doubled in 15 years?....

Question 2. The sum of money that will give Rs.1 as simple interest per day at the rate of 5 % per annum is?....

Question 3. A man invests 1/3 of his capital at 7 % p.a ¼ at 8 % p.a and the remainder at 10 % p.a. if his annual income is Rs.561....p.a. if his annual income is Rs.561 the capital is?

Question 4. A certain sum is interested in simple interest if it triples in 10 years. What is the rate of interest? ....

Question 5. In how many years a sum will be thrice of it at the rate of 10% per annum? ....

Question 6. A certain sum of money becomes three times of itself in 20 years at simple interest in how many years does it become do....does it become double of itself at the same rate?

Question 7. If the annual rate of simple interest increases from 10 % to 12 ½ % a man's annual income increases by Rs. 1250. The p....man's annual income increases by Rs. 1250. The principle is?

Question 8. Simple interest on a certain sum at a certain amount and rate of interest is 25/16 of the sum. If the numbers represent....in years be equal than rate percent per annum is?

Question 9. Rs.2000 amount to Rs. 2600 in 5 years at simple interest if the interest rate were increased by 3 %. It would amount to....increased by 3 %. It would amount to how much?

Question 10. If the simple interest on a certain sum of money for 15 months at 7 ½ % p.a exceeds the simple interest on the same s....12 ½ % p.a by Rs.32.50. The sum is

Chapter 1 - GLOBAL STEEL SCENARIO & INDI Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Chapter 3.1 : Overview of Finance & Acco Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024

Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024

Chapter 1.1 : Personnel Functions- An ov Chapter 1 : Personnel Management SAIL E0 - GFM 2024

GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024

CBT Mixed Test 1 GPOE/GPA SAIL E0 2024