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      Question

      A sum becomes four times itself when invested at r% p.a.

      simple interest for 12 years. Find the rate of interest.
      A 75 Correct Answer Incorrect Answer
      B 48 Correct Answer Incorrect Answer
      C 25 Correct Answer Incorrect Answer
      D 55 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let the principal be Rs. x According to the question, (x Γ— r Γ— 12)/100 = 4x – x Or, r = 25

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