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The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is

  • 4 years
  • 5 years
  • 6 years
  • 7 years
Similar Questions :

1. A sum of money invested at compound interest to Rs. 800 in 3 years and to Rs 840 in 4 years. The rate on interest per annum is.

  • 4%
  • 5%
  • 6%
  • 7%

2. Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually

  • Rs 312
  • Rs 412
  • Rs 512
  • Rs 612

3. Effective annual rate of interest corresponding to nominal rate of 6% per annum compounded half yearly will be

  • 6.09%
  • 6.10%
  • 6.12%
  • 6.14%

4. What will be the difference between simple and compound interest @ 10% per annum on the sum of Rs 1000 after 4 years

  • Rs 62.10
  • Rs 63.10
  • Rs 64.10
  • Rs 65.10

5. A man saves Rs 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years.

  • Rs 662
  • Rs 662.01
  • Rs 662.02
  • Rs 662.03
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  • nimmi 11 years ago

    Whyu multiplied 6/5four times in Q-9