Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?

Find the least number of complete years in which a sum of money put ou

1.	Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?
A.	6 years
B.	1 year
C.	2 years
D.	4 years
Answer» E.

Discussion

No Comment Found

Related MCQs

The simple interest accrued on an amount of Rs.49500 at he end of three is Rs.17820. What would be the compound interest accured on the same amount at teh same rate in the same period? (Round off your answer to two decimal places)
A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.
A sum of Rs.4800 is invested at a compound interest for three years, the rate of interest being 10% p.a., 20% p.a. and 25% p.a. for the 1st, 2nd and the 3rd years respectively. Find the interest received at the end of the three years.
Compound interest earned on a sum for the second and the third years are Rs.1200 and Rs.1440 respectively. Find the rate of interest?
Raj invested an amount of Rs.17400 for two years. Find the rate of compound interest that will fetch him an amount of Rs.1783.50 at the end of two years?
Find the compound interest accrued on an amount of Rs.14,800 at 13.5% p.a at the end of two years.
The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.
What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?
What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?
Albert invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Albert get on maturity of the fixed deposit?

Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?

Discussion

No Comment Found

Related MCQs

Reply to Comment