A sum of money placed at compound interest doubles itself in $5$ years. It will amount to eight times itself at the same rate of interest in (In $years$)
A sum of money placed at compound interest doubles itself in $5$ years. It will amount to eight times itself at the same rate of interest in (In $years$)
- A
$10$
- B
$20$
- C
$12$
- D
$15$
Similar Questions
A sum of money lent at compound interest for $2 \,yr$ at $20 \%$ pa would fetch $Rs. 964$ more, if the interest was payable half-yearly than if it was payable annually. What is the sum (In $Rs.$) ?
A sum of money lent at compound interest for $2 \,yr$ at $20 \%$ pa would fetch $Rs. 964$ more, if the interest was payable half-yearly than if it was payable annually. What is the sum (In $Rs.$) ?
$B$ borrow ₹ $5,000$ from $A$ at $6 \%$ p.a. simple interest and lends it to $C$ at compound interest of $10 \%$ p.a. If $B$ collects the money back from $C$ after $2$ years and repays $A ,$ the profit made by $B$ in the transaction is (In ₹)
$B$ borrow ₹ $5,000$ from $A$ at $6 \%$ p.a. simple interest and lends it to $C$ at compound interest of $10 \%$ p.a. If $B$ collects the money back from $C$ after $2$ years and repays $A ,$ the profit made by $B$ in the transaction is (In ₹)
What is the difference between the simple and the compound interest (In ₹) on ₹ $7,300$ at the rate of $6$ $p.c.p.a.$ in $2$ years?
What is the difference between the simple and the compound interest (In ₹) on ₹ $7,300$ at the rate of $6$ $p.c.p.a.$ in $2$ years?
If a sum of money at compound interest amounts to thrice itself in $3$ years, then in how many years will it be $9$ times itself?
If a sum of money at compound interest amounts to thrice itself in $3$ years, then in how many years will it be $9$ times itself?
The compound interest on ₹ $4000$ for $4$ years at $10 \%$ per annum will be (In ₹)
The compound interest on ₹ $4000$ for $4$ years at $10 \%$ per annum will be (In ₹)