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At a certain rate of simple interest, a certain sum of money becomes double of itself in 10 years. It will become treble of itself in
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- 15 years
- 18 years
- 20 years
- 30 years
- 15 years
Correct Option: C
If principal be p , interest = p and rate = r% p.a. then
Rate = | |
Principal × Time |
Rate = | = 10% | |
p × 10 |
Now, Principal = p, interest = 2p
Then, time = | |
Principal × Rate |
time = | = 20 year | |
p × 10 |
Second method to solve this question :
R = | × 100% | |
10 |
R = 10%
T = | × 100 years. | |
R |
T = | × 100 years. | |
100 |
T = 20 years.