Q. If a sum of money triples in 20 years at simple interest, what is the rate?

  • (A) 5%
  • (B) 7.5%
  • (C) 10%
  • (D) 12%
✅ Correct Answer: (C) 10%
Explanation: To triple → gain 200% → rate = 200 / 20 = 10%.

Published by Mr. Dubey ⭐ 111.42K Points at 06-Dec-2025 09:38 am in Math

Explanation by: Mr. Dubey
To triple → gain 200% → rate = 200 / 20 = 10%.

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