A) 5 yr
B) 10 yr
C) 20 yr
D) 25 yr
Correct Answer: D
Solution :
Let the principal\[=Rs.\,P\] \[\therefore \] Amount, \[A=Rs.\,2P\] \[\Rightarrow \] Simple interest \[=Rs.\,P\] and \[r=4%\] \[\therefore \] \[P=\frac{P\times 14\times t}{100}\] \[\Rightarrow \] \[\frac{100}{4}=t\] \[\Rightarrow \] \[t=25\,yr\]You need to login to perform this action.
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