If Rs. x are invested at r% simple interest to get amount Rs. y, then find the period for which it was invested.
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Answer:
Correct option is
A
20% p.a.
Let the sum=Rs. x
Time =10 years
It triples in 10 years then amount =3x
Simple interest=3x−x=2x
S.I=
100
PRT
∴R=
P×T
S.I×100
⇒R=
x×10
2x×100
=20 %
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