New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    A sum doubles in eight years at simple interest. In how

    many years will the sum become five times the original sum?
    A 28 years Correct Answer Incorrect Answer
    B 24 years Correct Answer Incorrect Answer
    C 32 years Correct Answer Incorrect Answer
    D 36 years Correct Answer Incorrect Answer

    Solution

    Solution – Years      Times 8             2= (2-1) =1 x             5= (5-1) =4 x ×1 = 8×4 x = 32 years

    Practice Next

    Relevant for Exams: