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An amount becomes double in 7 years on simple interest. The amount would be four times in ______ years on the same rate of simple interest.
Question

An amount becomes double in 7 years on simple interest. The amount would be four times in ______ years on the same rate of simple interest.

A.

14

B.

28

C.

21

D.

18

Correct option is C

Given:
Time = 7 years
Formula used:
Simple interest = (P×R×T)100\frac{(P×R×T)}{100}​​
Where Principle = P , Rate of interest= R, Time = T
Solution:
Let Principle P = x
So in 7 years x became 2x.
S.I. = Amount – Principle
S.I = 2x – x
S.I = x
Now,
S.I=(P×R×T)100 x=(x×R×7)100 R=1007 S.I = \frac{(P×R×T)}{100} \\\ \\x =\frac{ (x×R×7)}{100} \\\ \\R = \frac{100}{7} \ %​​
For amount be 4 times , S.I will be 3x
3x=(x×1007×T)100 3=T73x = \frac{(x×\frac{100}{7}×T)}{100} \\\ \\3 = \frac{T}{7}​​
T = 21 years

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