Rs. 1000 is invested at 5% per annum simple interest. If the interest – McqOptions

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1.	Rs. 1000 is invested at 5% per annum simple interest. If the interest is added to the principal after every years, the amount will become Rs. 2000 after = ?
A.	15 years
B.	18 years
C.	20 years
D.	16231623 years16231623162316231623162316232322331623
Answer» B. 18 years

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