In how many years does a sum of Rs. 5000 yield a simple interest of Rs. 14500 at 15% p.a.?
Choose the correct choice
A) 19.33 years
B) 18.33 years
C) 17.33 years
D) 16.33 years
E) 15.33 years
T = (100 * 14500)/(15 * 5000) = 19.33 years   19.33 yearsNSWER:19.33 years
<result>A</result>
In how many years does a sum of Rs. 5000 yield a simple interest of Rs. 14500 at 15% p.a.?