A sum of money becomes 4 times itself in 2 years at compound interest. The rate of interest is Options: A . &nbsp50 % B . &nbsp75 % C . &nbsp100 % D . &nbspnone of these

A sum of money becomes 4 times itself in 2 years at compound interest. The ra

Question

A sum of money becomes 4 times itself in 2 years at compound interest. The rate of interest is

Options:

A . 50 %

B . 75 %

C . 100 %

D . none of these

Answer: Option C

Submit Your Solution Below and Earn Points !

Next Question

Question 1. An amount deposited on compound interest becomes Rs 5700 after three years and Rs 6000 after four years. After 5 years t....after four years. After 5 years this amount will become

Question 2. Every year an amount increases by th of itself. How much will it be after two years if its present value is Rs 64000?....after two years if its present value is Rs 64000?

Question 3. A sum of money lent at compound interest amounts to Rs 6050.00 in two years and to Rs 7320.50 in four years. The rate....Rs 7320.50 in four years. The rate of interest is

Question 4. A sum is invested at compound interest payable annually. The interest in two successive years is Rs 225 and Rs 236.25....Rs 225 and Rs 236.25. The rate of interest is

Question 5. A sum of money at compound interest increases from Rs x to Rs y in n years. The amount of the investment after a furt....investment after a further period of 3n years will be

Question 6. What is the compound interest on Rs 6950 for 3 years if interest is payable half-yearly, at the rate of 6% p.a. for the ....at the rate of 9% p.a. for the third year?

Question 7. The compound interest on a certain sum at a given rate for n years (n > 1) is ....

Question 8. A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st Januar....amount he would have gained by way of interest is:

Question 9. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per....per annum is Re. 1. The sum (in Rs.) is:

Question 10. There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after....of Rs. 12,000 after 3 years at the same rate?

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0