A sum of Money doubles itself at compound interest in 10 years. In how many years will it become eight times

CA Foundation · Quantitative Aptitude · MTP · June 2024
A sum of Money doubles itself at compound interest in 10 years. In how many years will it become eight times
(A) A. 10
(B) B. 30
(C) C. 40
(D) D. 35

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. 30

Topics: Part-A: Business Mathematics

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