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  3. 8th Class
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  5. Comparing Quantities

8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    In how many years will the simple interest on a sum of money be equal to the principal at the rate of \[16\frac{2}{3}%\] per annum?

    A) 4                     

    B)          5

    C) 6                     

    D)          8

    Correct Answer: C

    Solution :

    Let principal be Rs. x time be t years for simple interest on a sum of money be equal to principal, we have \[x=\frac{x\times t\times 50}{3\times 100}\,\] \[\Rightarrow \,\,\,t=6\] years


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