Consider the following statements. If a money is loaned at simple inte – InterviewSolution

1.	Consider the following statements. If a money is loaned at simple interest then the money gets doubled in 5 years if the rate of interest is 16(2)/3% money gets doubled in 5 years if the rate of interest is 20% money becomes four times in 10 years if it gets doubled in 5 years of these statements :.
Answer» a)(ii) and (III) are correct b)(iii) alone is correct C)(ii) alone is correct d)(ii) and (iii) are correct Answer :C

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