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? 

    This questions was previously asked in
    RRBNTPC (2022)
    View All RRBNTPC Previous Year Papers

    12 years 

    Incorrect Answer

    14 years 

    Incorrect Answer

    11 years 

    Correct Answer

    13 years

    Incorrect Answer
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    Explanation:

     x = x RT/100

    R=9.09%

    100/9.09 = T ⇒ T = 11 years

    By: Parvesh Mehta
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