Rs. 1,500 is invested at a rate of 10% simple interest and interest is added to the principal after every 5 years. In how many years will it amount to Rs. 2,500?

Rs. 1,500 is invested at a rate of 10% simple interest and interest

1.	Rs. 1,500 is invested at a rate of 10% simple interest and interest is added to the principal after every 5 years. In how many years will it amount to Rs. 2,500?
A.	6(1/9) years
B.	6(1/4) years
C.	7 years
D.	None of these
Answer» B. 6(1/4) years

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Rs. 1,500 is invested at a rate of 10% simple interest and interest is added to the principal after every 5 years. In how many years will it amount to Rs. 2,500?

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