In how many years, a sum will become double at 5% p.a. compound interest.

CA Foundation · Quantitative Aptitude · MTP · January 2025
In how many years, a sum will become double at 5% p.a. compound interest.
(A) A. 14.0 years
(B) B. 14.1 years
(C) C. 14.2 years
(D) D. 14.3 years

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 14.2 years

Topics: Part-A: Business Mathematics

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