Income of a company double after every one year .If the initial income was Rs 4

Question

Income of a company double after every one year .If the initial income was Rs 4 lakhs what would be the income after 5 years.

Options:

A . Rs. 1.18 crores

B . Rs. 1.28 crores

C . Rs. 1.38 crores

D . Rs. 1.48 crores

Answer: Option B

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