Question
A sum doubles in eight years at simple interest. In how many years will the sum become five times the original sum?
More Simple and compound interest Questions
- An amount becomes Rs. 11,520 after 3 years at a simple interest rate of r% p.a. If the rate had been increased to (r + 5)% per annum, the same sum would be...
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- A bank provides a loan at the rate of 5% per annum to a trader on an amount of 12,50,000 for 5 years. The simple interest to be paid is:
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