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Discussion

A sum of money becomes double itself in 8 years at simple interest. How many times will it become 10 years at the same rate?

  • A.2 1/4
  • B.4 1/4
  • C.5 1/4
  • D.None

Answer: A

P ---- 2P ---- 8 years

2 1/4 P ---- 10 years

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