New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    An amount doubles itself at compound interest in five years. In how many years will it amount to sixteen times itself?

    A 25 Correct Answer Incorrect Answer
    B 15 Correct Answer Incorrect Answer
    C 16 Correct Answer Incorrect Answer
    D 20 Correct Answer Incorrect Answer

    Solution

    In 5 years = doubles itself =2 Let the amount be sixteen times in ‘x’ years. ATQ-

    Practice Next