Browse by Stream
-
Engineering and Architecture
Exams
Colleges
Predictors
Resources
-
Computer Application and IT
Quick Links
Colleges
-
Pharmacy
Colleges
Resources
-
Hospitality and Tourism
Colleges
Resources
Diploma Colleges
-
Competition
Other Exams
Resources
-
School
Exams
Ranking
Products & Resources
-
Study Abroad
Top Countries
Student Visas
-
Arts, Commerce & Sciences
Exams
Colleges
Upcoming Events
Resources
-
Management and Business Administration
Exams
Colleges & Courses
Predictors
-
Learn
Online Courses
Engineering Preparation
Medical Preparation
-
Online Courses and Certifications
Top Streams
Specializations
- Digital Marketing Certification Courses
- Cyber Security Certification Courses
- Artificial Intelligence Certification Courses
- Business Analytics Certification Courses
- Data Science Certification Courses
- Cloud Computing Certification Courses
- Machine Learning Certification Courses
- View All Certification Courses
Resources
-
Medicine and Allied Sciences
Colleges
Predictors
Resources
-
Law
Resources
Colleges
-
Animation and Design
Animation Courses
Colleges
Resources
-
Media, Mass Communication and Journalism
Exams
Colleges
Resources
-
Finance & Accounts
Top Courses & Careers
Colleges
Get Answers to all your Questions
- #IBPS Clerk
- #IBPS RRB Office Assistant
- #RBI Assistant
- #Jawaharlal Institute of Postgraduate Medical Education Research MBBS
- #RRB Assistant Loco Pilot
- #Jobs
- #IBPS RRB Officer Scale 1
- #RRB Group D (RRB Level 1)
- #Quantitative Aptitude
- #State Bank of India Clerk
- #IBPS PO
- #All India Institute of Medical Science MBBS
- #State Bank of India PO
A sum of money under compound interest doubles itself in 4 years. In how many years will it become 16 times itself?
- Option 1)
12 years
- Option 2)
16 years
- Option 3)
10 years
- Option 4)
None of these
- Option 5)
8 years
A sum of money under compound interest doubles itself in 4 years. In how many years will it become 16 times itself?
- Option 1)
12 years
- Option 2)
16 years
- Option 3)
10 years
- Option 4)
None of these
- Option 5)
8 years
Answers (1)
if time is constant then the ratio of principal and amount is always constant in compound interest .
in 4 years sum become doubled P become 2P
p _____4 years ____2p___4years _____8p ___4 years ____ 16 p
4+4+4+4= 16 years
View full answer
Similar Questions
Latest Question
- A sum of money under compound interest doubles itself in 4 years. In how many years will it become 16 times itself? Option: 1 1
- A certain loan amounts, under compound interest, compounded annually earns an interest of Rs.1980 in the second year and Rs.2178 in the third year. How much interest did it earn in the first year?
