A sum of money invested in compounded interest doubles itself in four years. In how many years it becomes 32 times of itself as the same rate of…
CA Foundation · Quantitative Aptitude · MTP · September 2024
A sum of money invested in compounded interest doubles itself in four years. In how many years it becomes 32 times of itself as the same rate of compound interest?
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. 20 years
Topics: Part-A: Business Mathematics
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