How long will it take for a sum of money to grow from Rs.1250 to Rs.1 – McqOptions

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1.	How long will it take for a sum of money to grow from Rs.1250 to Rs.10,000, if it is invested at 12.5% p.a simple interest?
A.	65 years
B.	56 years
C.	45 years
D.	57 years
Answer» C. 45 years

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