New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    At what rate percent per annum will a sum of money

    become 5 times of itself in 8 years on simple interest?
    A 20% Correct Answer Incorrect Answer
    B 40% Correct Answer Incorrect Answer
    C 50% Correct Answer Incorrect Answer
    D 30% Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next

    Relevant for Exams: