Multiple Choice Questions on How long will a sum of money take to double if it is invested at 9 09 p a simple interest ........ for RRB(NTPC) Exam Preparation

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Multiple Choice Questions

How long will a sum of money take to double if it is invested at 9 09 p a simple interest ........

Quantitative Aptitude (RRB NTPC) Simple Interest
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    How long will a sum of money take to double, if it is invested at 9.09% p.a. simple interest?

    12 years

    Incorrect Answer

    14 years

    Incorrect Answer

    11 years

    Correct Answer

    13 years

    Incorrect Answer
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    Explanation:
    x= xRT/100
    R=9.09%
    100/9.09=T
    T=11 years

    By: Barka Mirza
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