A sum of money becomes triple of itself in 8 yr
at SI. In twelve years, it will become how many
times of itself at the same rate?
(a) 6 times
(b) 4 times
(c) 5 times
(d) None of these
Answers
Answered by
1
Answer:
I think the answer should be none of these
Answered by
5
4 times
Step-by-step explanation:
P : A : I
1 : 3 : 2
interest of 8yrs = 3-1 = = 2
interest of 12 years = 12 ×2/8 = 3
so new Amount = P + Interest
= 1 + 3 = 4 (times of principal )
option(b) is correct
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