The time by which a sum of money is 8 times of itself if it doubles itself in 15 years.

CA Foundation · Quantitative Aptitude · MTP · June 2024
The time by which a sum of money is 8 times of itself if it doubles itself in 15 years.
(A) A. 42 years
(B) B. 43 years
(C) C. 45 years
(D) D. 46 years

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 45 years

Topics: Part-A: Business Mathematics

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