Mathematics · Simple Interest
At a 5% annual rate of simple interest, in how many years will the interest generated on a principal of Rs. 2,000 become double the principal value?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 14 years
- 240 years✓
- 320 years
- 42 years
Correct answer
40 years
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