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      Question

      If the simple interest for 6 years be equal to 60% of

      the principal. It will be equal to the principal after
      A 20 years Correct Answer Incorrect Answer
      B 30 years Correct Answer Incorrect Answer
      C 10 years Correct Answer Incorrect Answer
      D 22 years Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let the principal be P and rate of interest be r % According to the question, ⇒ R = 10% Now, let the simple interest become equal to principal in T years, P = `(Pxx10xxT)/100` T = ` 100/10` = 10 years

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