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  • 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 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

8 years


Option: 4

None of these


Answers (11)

best_answer

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

Posted by

Pankaj

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16 years

Posted by

Sakshi Tripathi

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16 year 

Posted by

Babishaya

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C

Posted by

Pawan Rajendra Purkar

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8

 

Posted by

Sunnapu venkata Sai chandana priya

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16 years 

 

Posted by

Debjani Behera

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D

Posted by

Raghav

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Posted by

Ram

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Posted by

Ram

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Find the unknown length ×in the following figures 

 

Posted by

Kavya

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Posted by

Kumar

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