Simple Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)
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- 10 years
- 20 years
- 40 years
- 5 years
22. A sum of money becomes triple itself in 5 years at simple interest. How many years will it become six times at the same rate?
- 12 years
- 24 years
- 12 ½ years
- 11 years
23. A sum of money becomes double itself in 8 years at simple interest. How many times will it become 10 years at the same rate?
- 20 years
- 40 years
- 10 years
- 5 years
24. A part of certain sum of money is invested at 9% per annum and the rest at 12% per annum, if the interest earned in each case for the same period is equal, then ratio of the sums invested is?
- ratio 3:4
- ratio 1:2
- ratio 4:3
- ratio 2:1
