In how many years does a sum of Rs. 6000 yield a simple interest of Rs. 15000 at 15% p.a.?  Choose the correct choice from the following answers:
A) 16.66 years
B) 17.66 years
C) 18.66 years
D) 19.66 years
E) 20.66 years
T = (100 * 15000)/(15 * 6000) = 16.66 years   16.66 yearsNSWER:16.66 years
<result>A</result>
In how many years does a sum of Rs. 6000 yield a simple interest of Rs. 15000 at 15% p.a.?