IIM-K (BMSAT) 2025Arithmetic > Medium122436None of these✅ Correct Option: 3Related questions:A certain sum is lent at a certain rate of compound interest. It grows to 1.44 times its value in 2 years. If the same sum is lent at simple interest at the same rate, in how many years would it double itself?Veena has to pay Rs. 2460 to Sita, 5 months later at 6% simple interest per annum, and Gita has to pay Sita the same amount at 7.5% simple interest per annum after certain months. If both took the same amount of loan from Sita then Gita paid the loan after how many months?Sagarika divides her savings of 100001000010000 rupees to invest across two schemes A and B. Scheme A offers an interest rate of 10%10\%10% per annum, compounded half-yearly, while scheme B offers a simple interest rate of 12%12\%12% per annum. If at the end of first year, the value of her investment in scheme B exceeds the value of her investment in scheme A by 231023102310 rupees, then the total interest, in rupees, earned by Sagarika during the first year of investment is