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Discussion :: Simple Interest

  1. A sum of money becomes double itself in 8 years at simple interest. How many times will it become 10 years at the same rate?
    2. A.
    2 1/4
    B.
    4 1/4
    C.
    5 1/4
    D.
    None

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    Answer : Option A

    Explanation :

    P ---- 2P ---- 8 years

    2 1/4 P ---- 10 years

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