A certain amount at a rate of simple interest x, doubles in 5 years. At another rate of simple interest y, it becomes three times in 8 years. Then…
CA Foundation · Quantitative Aptitude · PYQS · January 2025
A certain amount at a rate of simple interest x, doubles in 5 years. At another rate of simple interest y, it becomes three times in 8 years. Then the difference between these two interest rates is
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. 8%
Topics: Part-A: Business Mathematics
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