How much time would the simple interest on a certain sum be 0.125 times the principal at 10% per annum

CA Foundation · Quantitative Aptitude · MTP · September 2025
How much time would the simple interest on a certain sum be 0.125 times the principal at 10% per annum
(A) A. 1 1 / 4 years
(B) B. 1 3 / 4 years
(C) C. 2 1 / 4 years
(D) D. 2 3 / 4 years

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 1 1 / 4 years

Topics: Part-A: Business Mathematics

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