A sum becomes 3 times of itself in 20 years at simple interest. What is the rate of interest per annum?

Type: MCQ • Marks: 1

A. 1) 8%

B. 2) 12%

C. 3) 15%

D. 4) 10%

Explanation

If Principal = P, Amount = 3P => SI = 2P. Rate (R) = (2P * 100) / (P * 20) = 200 / 20 = 10% per annum.

Want to attempt the full test series with a timer and instant score? Purchase the package to unlock the complete test. Purchase Now

UP TGT Mathematics

This page is indexed for search so students can find questions directly from Google.

Welcome to TutorWale!