If a certain sum of money is double in 8 years at a given simple interest in how many years will it be four times?

CA Foundation · Quantitative Aptitude · RTP · September 2026
If a certain sum of money is double in 8 years at a given simple interest in how many years will it be four times?
(A) (a) 24 years
(B) (b) 15 years
(C) (c) 20 years
(D) (d) none of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

Correct Option: (a)

Topics: Part-A: Business Mathematics

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