Multiple Choice Questions on After how many years will a sum of Rs 12 500 becomes Rs 17500 at simple interest at the rate of 20 p........... for CDS Exam Preparation

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Multiple Choice Questions

After how many years will a sum of Rs 12 500 becomes Rs 17500 at simple interest at the rate of 20 p...........

Quantitative Aptitude (CDS) Simple Interest
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    After how many years will a sum of Rs.12,500 becomes Rs.17500 at simple interest at the rate of 20% per annum? 

    6 years

    Incorrect Answer

    4years

    Incorrect Answer

    8years
     

    Incorrect Answer

    2years

    Correct Answer
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    Explanation:

    Pricipal amount  is P =12500 
    S.I=17500-12500
    =5000
    Simple interest (S.I) =P×R×T/100
    5000= 12500×20×T/100
    T=2 year

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