question_answer

In how much time would the simple interest or a certain sum be 0.125 times the Principle a 10% per annum?

A)   \[1\frac{1}{4}\text{Years}\]       

B)  

C)                     

D)  

Correct Answer: A

Solution :

     \[0.125\,P=\frac{P\times R\times T}{100}=\frac{P\times R\times T}{100}\]