In how many years will a sum of money double itself at 18.75% per annum simple i

Sail E0 Webinar

Question

In how many years will a sum of money double itself at 18.75% per annum simple interest?

Options:

A . 4 years 5 months

B . 5 years 4 months

C . 6 years 2 months

D . 6 year 5 months

Answer: Option B

Submit Your Solution Below and Earn Points !

Next Question

Submit Solution

More Questions on This Topic :

Question 1. In how many years will the simple interest on a sum of money be equal to the principal at the rate of $$16\frac{2}{3}$$ ....principal at the rate of $$16\frac{2}{3}$$ % per annum ?

Question 2. A sum of money was invested at a certain rate of simple interest for 2 years. Had it been invested at 1% higher rate, it....Rs. 24 more interest. The sum of money is ?

Question 3. A man invests half of his capital at the rate of 10% per annum, one - third at 9% and the rest at 12% per annum. The ave....of interest per annum, which he gets is = ?

Question 4. A sum of money at simple interest doubles in 7 years. It will become four times in:....

Question 5. If a sum doubles in 6 years, how much will it be in 8 years ?....

Question 6. Consider the following statements If a sum of money is lent at simple interest, then the I - money gets doubled in 5 yea....in 10 years if it gets doubled in 5 years.

Question 7. In a certain time, the ratio of a certain principal and interest obtained from it are in the ratio 10 : 3 at 10% interes....years for which the money was invested is = ?

Question 8. Jhon invested a sum of money at an annual simple interest rate of 10%. At the end of four years the amount invested plus....earned was Rs. 770. The amount invested was = ?

Question 9. In what time will Rs. 1860 amount to 2641.20 at simple interest 12% per annum ?....

Question 10. The simple interest on a sum of money at 8% per annum for 6 years is half the sum. The sum is:....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY 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 & Accounts Department 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 overview 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