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      Question

      Shivam invested 20000 at 12% p.a. simple interest for

      β€˜x’ months. If at the end of β€˜x’ months, he received a total amount of Rs.23600. What is the value of β€˜x’ (in years)?
      A 16 years Correct Answer Incorrect Answer
      B 17 years Correct Answer Incorrect Answer
      C 18 years Correct Answer Incorrect Answer
      D 15 years Correct Answer Incorrect Answer

      Solution

      => (20000 Γ— 20 Γ— x)/(12 Γ— 100) = 23600 – 20000 => 200 Γ— x = 3600 => x = 18 years

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