UP TGT Mathematics Commercial mathematics Test Series - Part 2

Rs. 10,000 is invested at 8% p.a. simple interest. After how many years will it amount to Rs. 14,000?

Type: MCQ • Marks: 1
Rs. 10,000 is invested at 8% p.a. simple interest. After how many years will it amount to Rs. 14,000?
Options
A. 3
B. 6
C. 5
D. 4
Explanation
SI=4000. Time=4000×100/(10000×8)=5 years.
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