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    If a sum of money at simple interest doubles In 6 years, it will become 4 times in:
    Question

    If a sum of money at simple interest doubles In 6 years, it will become 4 times in:

    A.

    12 years

    B.

    14 years

    C.

    16 years

    D.

    18 years

    Correct option is D

    Given:

    A sum doubles in 6 years at simple interest.

    Formula Used:
    In Simple Interest (SI):

    SI = P×R×T100 \frac{P \times R \times T}{100}​​

    Solution:

    Let Principal P = 100

    If it doubles in 6 years, Amount = 200

    So, Interest = 200 - 100 = 100

    100=100×R×6100 R=100×100100×6=1006%100 = \frac{100 \times R \times 6}{100}\\ \ \\R = \frac{100 \times 100}{100 \times 6} = \frac{100}{6}\%​​

    Now, to become 4 times

    Amount = 400

    Interest = 400 - 100 = 300

    Use formula again:

    300=100×R×T100=R×T T=300R=300100/6=18 years300 = \frac{100 \times R \times T}{100} = R \times T \\ \ \\T = \frac{300}{R} = \frac{300}{100/6} = 18 \text{ years}​​

    Alternate Solution:

    If sum doubles in 6 years, then:

    Interest = 1P in 6 years

    To make amount = 4P (i.e., 3P interest)

    Time = 3P1P×6=3×6=18 years \frac{3P}{1P} \times 6 = 3 \times 6 = 18 \text{ years}​​

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