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In how much time will the simple interest on a certain...

This question belongs to Arithmetic Ability Interest
Interest
?

In how much time will the simple interest on a certain sum of money be $$\frac{6}{5}$$ times of the sum of 20% per annum?

Answer & Solution
Correct Answer: Option D
$$\eqalign{ & 6 = 5 \times \frac{{20}}{{100}} \times t \cr & t = 6{\text{ years}} \cr} $$
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