If a sum double itself in 8 years, then in how many years it will becomes four times, assuming that the simple interest is calculated.

CA Foundation · Quantitative Aptitude · PYQS · January 2026
If a sum double itself in 8 years, then in how many years it will becomes four times, assuming that the simple interest is calculated.
(A) A. 16 years
(B) B. 12 years
(C) C. 24 years
(D) D. 20 years

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 24 years

Topics: Part-A: Business Mathematics

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic