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In how many years will money double at 10% SI?

A5
B8
C10
D12

Explanation

  • Money doubles when the interest earned equals the original principal, so SI = P.
  • Substitute into SI = (P × R × T)/100: P = (P × 10 × T)/100, which leaves T = 10 years.
  • The principal cancels out, so the answer does not depend on how much money is invested.
  • The simple interest shortcut is T = 100 ÷ R, and 100 ÷ 10 gives 10 years directly.
  • To triple the money the interest must equal twice the principal, which takes 200 ÷ R = 20 years.
  • Simple interest doubling MCQs are a regular feature of FPSC and NTS papers, and T = 100 ÷ R answers them instantly.
Submitted by: mcqstutor Team More Mathematics MCQs →

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