Arithmeticmedium · Past Paper
At what rate of SI will a sum of money double in 8 years?
A12%
B12.5%
C15%
D10%
✓ Correct Answer: B — 12.5%
R = 100 / T = 100 / 8 = 12.5%.
Share this question
More from Arithmetic
- In the formula A = P(1 + R/100)^T, what does 'A' represent?
- Find the ratio of the area of a circle to its circumference.
- At what price should a merchant mark a suit costing Rs. 3,000 so that after a 10% discount, he gets 20% profit?
- A shopkeeper buys 10 oranges for Rs. 8 and sells 8 oranges for Rs. 10. Find gain %.
- A shopkeeper offers 10% discount and charges 13% VAT. If the discount amount is Rs. 100, find the VAT amount.