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Question

Mathematics Question on SI & CI

In how many time will a sum of money doubles itself at 7 1/2 % imple interest per annum:

A

14 years 3 months

B

13 years 4 month

C

13 years 9 month

D

13 years 3 month

Answer

13 years 4 month

Explanation

Solution

The correct answer is option (B):13 years 4 month