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DIRECTIONS: Choose the most appropriate answer.
Q. A sum of money invested at simple interest triples itself in 8 years. How many times will it become in 20 years time?
  • a)
    8 times
  • b)
    7 times
  • c)
    6 times
  • d)
    9 times.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
DIRECTIONS:Choose the most appropriate answer.Q. A sum of money invest...
Let P = x A = 3x SI = 2x T = 8 years


A = 5x + x = 6x
∴ In 6 years is becomes 6 times
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DIRECTIONS:Choose the most appropriate answer.Q. A sum of money invested at simple interest triples itself in 8 years. How many times will it become in 20 years time?a)8 timesb)7 timesc)6 timesd)9 times.Correct answer is option 'C'. Can you explain this answer?
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DIRECTIONS:Choose the most appropriate answer.Q. A sum of money invested at simple interest triples itself in 8 years. How many times will it become in 20 years time?a)8 timesb)7 timesc)6 timesd)9 times.Correct answer is option 'C'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about DIRECTIONS:Choose the most appropriate answer.Q. A sum of money invested at simple interest triples itself in 8 years. How many times will it become in 20 years time?a)8 timesb)7 timesc)6 timesd)9 times.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DIRECTIONS:Choose the most appropriate answer.Q. A sum of money invested at simple interest triples itself in 8 years. How many times will it become in 20 years time?a)8 timesb)7 timesc)6 timesd)9 times.Correct answer is option 'C'. Can you explain this answer?.
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