Amjad invested a sum of money at 8% per annum at simple interest for’t’ years. At the end of’t’ year, Amjad got back 4 times his original investment.’ The value of ‘t; 3
A. 5 Years
B. 10.5 Years
C. 25.5 Years
D. 37.5 Years
Answer:D
Amjad invested a sum of money at 8% per annum at simple interest for’t’ years. At the end of’t’ year, Amjad got back 4 times his original investment.’ The value of ‘t; 3
A. 5 Years B. 10.5 Years C. 25.5 Years D. 37.5 Years