Comprehension Passage
Directions: Study the following table chart carefully and answer the questions given beside.
The table below shows details about invested by Different persons.
|
Person |
Rate of interest |
Time (years) |
Principal (Rs) |
Amount(Rs.) |
|---|---|---|---|---|
|
Arun |
6% |
|
18000 |
|
|
Anant |
6% |
|
30000 |
|
|
Amit |
|
5 |
|
29000 |
|
Anand |
|
3 |
45000 |
|
|
Ankit |
8% |
|
20000 |
|
|
Anita |
|
2 |
60000 |
|
Note: Calculate simple interest unless specified all questions are Independent of others.
If the rate of interest received by Arun and Amit is in the ratio of 2:3 then find in how many years the money invested by Amit will be doubled with same rate of interest.
1
14.80
2
13.45
3
11.11
4
15.50
5
12.54