Answer: B
Let’s assume the principal amount \((p) = 10x \) rupees
Rate of interest \((r) = 10 \%\)
Interest earned \((I) = 3x \) rupees
Time \((t) = \cfrac{100\times I}{pr}\)
\( = \cfrac{100\times 3x}{10x\times 10} \)
\( = 3 \) years
Let’s assume the principal amount \((p) = 10x \) rupees
Rate of interest \((r) = 10 \%\)
Interest earned \((I) = 3x \) rupees
Time \((t) = \cfrac{100\times I}{pr}\)
\( = \cfrac{100\times 3x}{10x\times 10} \)
\( = 3 \) years