Question:
In how many years at 8% per annum simple interest, will the interest be half of the principal?
In how many years at 8% per annum simple interest, will the interest be half of the principal?
Updated On: Jul 24, 2024
- 5 years
- 5.5 years
- 6.25 years
- 6.5 years
- 7 years
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The Correct Option is C
Solution and Explanation
The correct answer is option (C): 6.25 years
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