Correct option is D
Given:
A sum doubles in 6 years at simple interest.
Formula Used:
In Simple Interest (SI):
SI = 100P×R×T
Solution:
Let Principal P = 100
If it doubles in 6 years, Amount = 200
So, Interest = 200 - 100 = 100
100=100100×R×6 R=100×6100×100=6100%
Now, to become 4 times
Amount = 400
Interest = 400 - 100 = 300
Use formula again:
300=100100×R×T=R×T T=R300=100/6300=18 years
Alternate Solution:
If sum doubles in 6 years, then:
Interest = 1P in 6 years
To make amount = 4P (i.e., 3P interest)
Time = 1P3P×6=3×6=18 years