A: 60 / 100 * 6 % = 36 %. 360 / 36 = 10 years. The answer is (C).
Answer the following multiple choice question with options (a), (b), (c), (d), (e) by reasoning step-by-step.
Q:How long will it take a sum of money invested at 6 % p.a. S.I. to increase its value by 60%? Answer Choices: A)11 years B)12 years C)10 years D)15 years E)8 years