The integral number of years in which a sum of money at 25% per annum under compound interest will become more than twice itself is at least.
A. 3
B. 2
C. 4
D. 1
A. 3
B. 2
C. 4
D. 1
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Correct Answer – C
i) Let the sum be Rs. P.
ii) `P(1+20/100)^(n) gt 2P`, solve the inequality for n.