Question
A sum doubles itself at simple interest at 10% per annum in 10 years.

Answer

True.

Solution:

Let the sum be Rs. x

$\text{S.I.}=\frac{\text{P}\times\text{R}\times\text{T}}{100}$

$\text{S.I.}=\frac{\text{x}\times10\times10}{100}$

$\text{S.I.}=\text{Rs. x}$

Amount = S.I. + P

= x + x

= Rs. 2x

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free