In how much time (in years, rounded off to 2 decimal places) will ₹10,800 amount to ₹24,800 if invested at simple interest at the rate of 15.5% per an...

Question

In how much time (in years, rounded off to 2 decimal places) will ₹10,800 amount to ₹24,800 if invested at simple interest at the rate of 15.5% per annum?

Options

A.

7.72

B.

8.36

C.

9.54

D.

6.89

simple interesttime calculationinterest rateprincipalamountssc 2024

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