In what time an amount of Rs. 1,20,000 would yield an interest of Rs. 62,400 if the rate of simple interest is 13 percent/annum?

In what time an amount of Rs. 1,20,000 would yield an interest of Rs.

1.	In what time an amount of Rs. 1,20,000 would yield an interest of Rs. 62,400 if the rate of simple interest is 13 percent/annum?
A.	3 years
B.	2 years
C.	4 years
D.	5 years
Answer» D. 5 years

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In what time an amount of Rs. 1,20,000 would yield an interest of Rs. 62,400 if the rate of simple interest is 13 percent/annum?

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