A certain sum on simple interest becomes ₹49,600 in 3 year

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58

M: +2.00/-0.50

A certain sum on simple interest becomes ₹49,600 in 3 years and ₹56,000 in 5 years. If the rate of interest had been 2%, more, then in how many years would the sum have doubled:

[SSC CGL 12th April 2022 Shift-3 With Answers]

A

10

B

8

C

12

D

20

EXPLANATION

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