At simple interest, a man made a deposit of some money in the bank. The amount in his bank account after 10 years is three times the money deposited. If the interest rate stays the same, after how many years will the amount be five times the money deposited?
a
15 years
b
25 years
c
20 years
d
30 years
Explanation
Correct Option
cVideo Explanation
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Discussions (5)
ava_llamaa
2 months ago
So this is what we should be deriving in the examination hall with 2hour duration for 180 questions.. there is God oo
emaHS28
2 years ago
I = 2P @ T = 10years
I = 4P @ T = xyears
2P = 10yrs
4P = xyrs
cross 
x = 40 ÷ 2
x= 20years
