Question:
Mike invested 1,000 at simple interest. If the amount became 3 times in 12.5 years then what will be the total amount of the investment after 25 years?
Mike invested 1,000 at simple interest. If the amount became 3 times in 12.5 years then what will be the total amount of the investment after 25 years?
Updated On: Oct 21, 2024
- ₹ 3000
- ₹ 5000
- ₹ 7000
- ₹ 9000
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The Correct Option is B
Solution and Explanation
The correct answer is (B): ₹ 5000
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