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27	28	29	30	1	2	3
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Multiple Choice Questions

As many people scored more than R as less than ........

Logical Reasoning ( Phase -I) Ranking and ordering

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Study the information given below and answer the questions that follow:

S scored higher marks than Q but lower than U.

P scored higher than S but lower than R and U.

T scored higher than R. The third lowest marks are 56. R scored 12 marks more than P.

U scored less than 69 marks.

As many people scored more than R as less than

This questions was previously asked in

SEBI Grade A (Ph 1 Paper 1 2022)

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Explanation:

- A sum of money doubles itself at a certain compound interest rate in 10 years.
- We are asked to find how long it takes to become eight times the original value.
- Doubling means \(2^1\), so in 10 years, the amount becomes \(2 \times\).
- Eight times means \(2^3\), so it takes three doubling periods.
- Since one doubling period is 10 years, three periods would be \(3 \times 10 = 30\) years.

**✅Option: 2 - 30** is correct.

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