CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Quantitative Aptitude

Simple Interest & Compound Interest

The least num...

Question

The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is

A

3

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

4

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

5

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

6

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
4

$2 = (1 + \frac{20}{100})^{n}$

n = 4

Suggest Corrections

thumbs-up

20

Similar questions

Q. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is

Q. Find the minimum number of complete years in which a sum of money put at 20% compound interest will be more than doubled.

Q. What is the least number of complete years in which a sum of money at

20 %

compound interest will be more than doubled?

Q. The integral number of years in which a sum of money at 25% p.a. under compound interest will become more than twice itself, is at least.

Q. A sum of money at compound interest (period = 1year) is doubled in 20 years. Then the number of years required to treble the sum will be

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Simple Interest and Compound Interest

QUANTITATIVE APTITUDE

Watch in App

explore_more_icon

Explore more

Simple Interest & Compound Interest

Other Quantitative Aptitude

Join BYJU'S Learning Program

CrossIcon