If the simple Interest for 5 years is equal to 25% of the principal, then the Interest will be equal to the principal after ______ years. 

This question was previously asked in
SSC CGL 2023 Tier-I Official Paper (Held On: 18 Jul 2023 Shift 1)
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  1. 20
  2. 30
  3. 25
  4. 22

Answer (Detailed Solution Below)

Option 1 : 20
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PYST 1: SSC CGL - English (Held On : 11 April 2022 Shift 1)
25 Qs. 50 Marks 12 Mins

Detailed Solution

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Given:

Simple interest (S.I) = 25% × Principal

Time = 5 years

Formula used:

Simple interest (S.I) = (P × R × T)/100

Where, P = principal ; R = rate ; T = time

Calculation:

Simple interest (S.I) = (P × R × T)/100

⇒ 25/100 × P =  (P × R × 5)/100

⇒ 25 = R × 5

⇒ R = 5%

According to the question:

Simple interest (S.I) = (P × R × T)/100

⇒ P = (P × 5 × T)/100

⇒ T = 100/5 = 20 years

∴ The correct answer is 20 years.

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