A certain scheme of investment in simple interest declares that it triples the investment in 8 years. If you want to quadruple the money through that scheme for how many years you have to invest for = ?

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Q. A certain scheme of investment in simple interest declares that it triples the investment in 8 years. If you want to quadruple the money through that scheme for how many years you have to invest for = ?

(A) 11 years 6 months
(B) 10 years 8 months
(C) 10 years
(D) 12 years

Correct Answer - Option(D)

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