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  9. Q138

APSC CCE 2023 · Question 138 of 163

The time in years required for a sum of money to amount to 4 times itself at 15% simple interest per annum will be

Quantitative Aptitude

  1. A30 years
  2. B20 yearsCorrect
  3. C10 years
  4. D15 years

Answer: B. 20 years

Explanation

4 = 1+0.15t gives t = 20 years.

Source: APSC CCE Prelims 2023 GS Paper-II, official Series-A key

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