Question
At simple interest, a sum becomes double of itself in 8
years. In how many years will it become 2.75 times of itself at the same rate?Solution
ATQ, If a sum doubles in 8 years, then interest earned in 8 years = principal. So, rate of interest per year = 100/8 = 12.5% To become 2.75 times, interest earned = 1.75 times of principal = 175% Time = 175 / 12.5 = 14 years Hence, the correct answer is 14 years.
India announced a special economic aid package of how much to Seychelles?Â
The Reserve Bank of India (RBI) has set up a Regulatory Review Cell (RRC) to review rules periodically. After how many years will the regulations be rev...
Which village in Jammu & Kashmir was recognized in the Best Tourism Villages Competition 2024 under the Adventure Tourism category?
What is the primary objective of Odisha's 'Shaktishree' programme?Â
What new regulation did ICC introduce in Tests during the 2025–27 WTC cycle to penalize slow over-rates?Â
Who has been appointed as the next Chief of the Naval Staff, effective from the afternoon of April 30, 2024?
Who won the 2025 Belgian Grand Prix?Â
What is the financial outlay of the National Scheme for ITI Upgradation approved by the Cabinet?
Who is the new Managing Director and CEO of Central Depository Services (India) Limited (CDSL)?
Where was India’s first gene-edited sheep developed?
