Q. In how many years will a sum of money double itself at 18.75% per annum simple interest?

  • (A) 4 years 5 months
  • (B) 5 years 4 months
  • (C) 6 years 2 months
  • (D) 6 year 5 months
βœ… Correct Answer: (B) 5 years 4 months

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