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    Question

    The simple interest received on a sum at the rate of 4

    percent per annum is 3/5 of the sum. What is the time period?
    A 10 years Correct Answer Incorrect Answer
    B 20 years Correct Answer Incorrect Answer
    C 12 years Correct Answer Incorrect Answer
    D 15 years Correct Answer Incorrect Answer

    Solution

    ATQ, Let us assume the sum is 's' and time is 't' Then the Interest is = (3s/5) (3s/5) = (s × 4 × t)/100 T = 15 years Hence the time will be 15 years

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