Question

Consider the following statements.
If a money is loaned at simple interest then the:
(i) money gets doubled in 5 years if the rate of interest is
16 2%
3
(ii) money gets doubled in 5 years if the rate of interest is 20%
(iii) money becomes four times in 10 years if it gets doubled in 5 years.
of the statement
(A) (i) and (iii) are correct (B) (iii) alone is correct
(C) (ii) alone is correct (D) (ii) and (iii) are correct

Answer 1

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B) II alone is correct

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refer to the attachment above ⇧

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Answer 2

Answer:

B ) ii alone is the correct answer .....