Multiple Choice Questions on Virat has Rs 9000 He gives this money to Mahendra on simple interest and after 4 years received the ........... for Mathematics - All Exams Preparation

Back to Main Page

Multiple Choice Questions

Virat has Rs 9000 He gives this money to Mahendra on simple interest and after 4 years received the ...........

Quant (SSC) Simple Interest
    Download Solution PDF

    Virat has Rs. 9000. He gives this money to Mahendra on simple interest and after 4 years received the double amount. If the interest rate is 5% more than the previous, in how many years this amount will be doubled?

    3 1/2 yrs

    Incorrect Answer

    3 yrs

    Incorrect Answer

    2 1/2 yrs

    Incorrect Answer

    3 1/3 yrs

    Correct Answer
    छोटे Courses बड़े Results
    Master Simple Interest
    Prepare through Micro-courses
    Try Now
    Explanation:

    S.I. = P × r × t /100
    9000 = 9000 × r × 4 /100
    r = 25%
    New rate = 25 + 5 = 30%
    9000 = 9000 × 30% × t
    t = 3 1/3 yrs

    By: Amit Kumar
    ProfileResources

    Let's Discuss

    Master
    Simple Interest
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free