In a certain time, the ratio of a certain principal and the simple interest obta

Question

In a certain time, the ratio of a certain principal and the simple interest obtained from it are in the ratio 10 : 3 at 10% interest per annum. The number of years the money was invested is

Options:

A . 3 years

B . 1 year

C . 7 years

D . 5 years

Answer: Option A
Answer: (a)Using Rule 1,Time = $\text"S.I. × 100"/ \text"Principal × Rate"$= $3/10 × 100/10$ = 3 years

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