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A. 65 years Simple interest is given by the
formula SI = (pnr/100), where p is the principal, n is the numberof years for which it is invested, r is the rate of interest per annum Therefore, the interest earned = 10,000 – 1250 = 8750. 8750 = [(1250 x n x 12.5)/100] => n = 700 / 12.5 = 56 years. interest Mcqsinterest Mcqs calculations of Arithmetic Ability with easy and logical explanations.Mathematics Mcqs Mathematics Mcqs - Maths Mcqs are very important for every test. prepare for NTS, FPSC, PPSC, SPSC, CSS, PMS Test Preparation. and all other testing services. Most of the test syllabus contain Mathematics test portion. Here you will find most important Mathematics Mcqs. here these Mcqs will help you getting good marks in this Section. Here you will find most important Mcqs of Mathematics from Basic to Advance. some of the most important sub categories are: Average, Percentage, Problem on Ages, Time and Distance, HCF and LCM, Logarithms, Discount, Interest, Ratio & Proportion, Decimal Fraction and other.
IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG. PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION. How long will it take for a sum of money to grow invested at 12.5% pa simple interest from Rs 1250 to Rs 10000?n = 56 years.
How long will it take for a sum to become 12 times if the rate of interest is 12.5% per annum under simple interest?Time = 8 years. Was this answer helpful?
How long will it take a sum of money invested at 5% PASI to increase its value by 40 %?Thus, it will take 8 years.
At what rate percent per annum will a sum of money double in 8 years?Hence, the rate of interest to double a money in 8 years will be 12.5% per annum.
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