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  • Quantitative Aptitude (Bank)
  • In how many years does a sum of 5000 yield a simple inter...
Multiple choice

In how many years does a sum of 5000 yield a simple interest of Rs. 16500 at 15% p.a.?

  1. 22

  2. 24

  3. 25

  4. 23

  5. 21

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Time = SI * 100/P * R = 16500 * 100/5000 * 15 = 22 years

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