Question 11912 – Algorithms
November 27, 2023Question 13897 – Algorithms
November 27, 2023Question 14101 – Mathematical-Reasoning
₹ 1000 doubled in 10 years when compounded annually. How many more years will it take to get another ₹ 2000 compound interest?
Correct Answer: B
Question 23 Explanation:
₹ 1000 invested in compound interest becomes ₹ 2000 in 10 years.
The amount will double again in another 10 years.
The amount will become ₹ 2000 in another 10 years.
So, to earn another ₹ 2000 interest, it will take another 10 years.
The amount will double again in another 10 years.
The amount will become ₹ 2000 in another 10 years.
So, to earn another ₹ 2000 interest, it will take another 10 years.
5 years
10 years
3 years
4 years
Subscribe
Login
0 Comments