Home » Aptitude » Simple interest » Question
  1. 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
    1. 1 year
    2. 3 years
    3. 5 years
    4. 7 years
Correct Option: B

We can find the the required answer with the help of given formula ,

Time =
Interest × 100
Principal × Rate

Time =
3
×
100
= 3 Years.
1010



Your comments will be displayed only after manual approval.