In how many years will the sum of money double itself at 10 per annum simple interest ........

Quantitative Aptitude ( CCS) Simple Interest

In how many years will the sum of money double itself at 10% per annum simple interest?

4 years

5 years

8 years

10 years

Give total of cash a chance to be 100 sum = 2 × 100 = 200

straightforward premium = 200 - 100 = 100

time = si × 100/important × rate 100 × 100/100 × 10.

In 10 years, a total of cash duplicates itself at 10% for every annum basic premium

Hence, option 4 is the correct answer.

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