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

Related Mcqs:

Simple interest on a sum at 4% per annum for 2 years is Rs.80. The C.I. on the same sum for the same period is_______?

A. Rs.81.60 B. Rs.160 C. Rs.1081.60 D. Rs.99...

The difference between simple and compound interest on Rs. 1200 for one year at 10% per annum reckoned half-yearly is________?

A. Rs. 2.50 B. Rs. 3 C. Rs. 3.75 D. Rs. 4...

A sum of money placed at C.I. interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in?

A. 7 years B. 10 years C. 15 years D. 20 years...

The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10% per annum is Rs 65. The sum is_________?

A. Rs 6500 B. Rs 6565 C. Rs 65065 D. Rs 65650...

Rayan invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Rayan’s investments if the interests from those investments are equal?

A. 4 : 3 B. 3 : 2 C. 6 : 5 D. 7 : 6 E. None of these...