At what rate percent per annum of compound interest, will a sum of money become

Question

At what rate percent per annum of compound interest, will a sum of money become four times of itself in two years ?

Options:

A . 100%

B . 75%

C . 50%

D . 20%

Answer: Option A

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More Questions on This Topic :

Question 1. On a certain sum of money, the difference between the compound interest for a year, payable half yearly, and the simple ....both the cases is 16%, then the sum is ?

Question 2. The compound interest accrued on an amount of Rs. 25500 at the end of 3 years is Rs. 8440.50. What would be the simple i....amount at the same rate in the same period ?

Question 3. On a certain sum of money, the difference between the compound interest for a year payable half yearly, and the simple i....the cases is 10%, then the sum is = ?

Question 4. The difference between the amount of compound interest and simple interest accrued on an amount of Rs. 26000 at the end ....Rs. 2994.134. What is the rate of interest p.c.p.a ?

Question 5. A sum of money becomes eight times in 3 years, If the rate is compounded annually. In how much time will the same amount....amount at the same compound rate become sixteen times ?

Question 6. A sum of money placed at compound interest double itself in 4 years. In how many years will it amount to four times itse....many years will it amount to four times itself ?

Question 7. A money lender borrows money at 4% per annum and pays the interest at the end of the year. He lends it at 6% per annum c....a year. The amount of money be borrows, is ?

Question 8. The compound interest on Rs. 30000 at 7% per annum for a certain time is Rs. 4347. The times is = ?....

Question 9. The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is = ?....

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