In how many years will a of money double itself 4% per annum?12 years16 years8 years25 years (2024)

Solve

Guides

You visited us 0 times! Enjoying our articles? Unlock Full Access!

A

12 years

B

25 years

D

8 years

Open in App

Solution

Verified by Toppr

The correct option is D 25 years
Let sum = x

Then, amount = 2x

S.l.=x
Time =100×S.I.Sum×Rate=(100×xx×4)years = 25 years

Was this answer helpful?

19

Similar Questions

Q

1

In how many years will a sum of money double itself at 12% per annum?

View Solution

Q

2

In how many years will a sum of money double itself at 8% per annum interest?


View Solution

Q

3

A certain sum of money lent out at a certain rate of interest per annum, doubles itself in 10 years. In how many years will it treble itself?

View Solution

Q

4

A sum of money under compound interest doubles itself in 4 years. In how many years will it become 16 times itself?

View Solution

Q

5

A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to 8 times?

View Solution

In how many years will a of money double itself 4% per annum?12 years16 years8 years25 years (2024)
Top Articles
Latest Posts
Article information

Author: Delena Feil

Last Updated:

Views: 5817

Rating: 4.4 / 5 (45 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Delena Feil

Birthday: 1998-08-29

Address: 747 Lubowitz Run, Sidmouth, HI 90646-5543

Phone: +99513241752844

Job: Design Supervisor

Hobby: Digital arts, Lacemaking, Air sports, Running, Scouting, Shooting, Puzzles

Introduction: My name is Delena Feil, I am a clean, splendid, calm, fancy, jolly, bright, faithful person who loves writing and wants to share my knowledge and understanding with you.