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Discussion :: Simple Interest

  1. A sum of money becomes triple itself in 5 years at simple interest. How many years will it become six times at the same rate?
    2. A.
    12 1/2 years
    B.
    12 years
    C.
    11 1/2 years
    D.
    11 years

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    Answer : Option A

    Explanation :

    100 ---- 200 ---- 5

                 200 ---- 5                                         

                 100 ---- 2 1/2

                 ------------------

                  600 ---- 12 ½ years

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