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In what time will a sum double itself at...

In what time will a sum double itself at 4% per annum, at simple interest ?

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The correct Answer is:
25 years
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Knowledge Check

  • In what time will a sum double itself at 8% p.a. simple interest?

    A
    12.5 years
    B
    5 years
    C
    6 years
    D
    8 years
  • In what time a sum will double itself at 12% annual rate of simple interest?

    A
    8 Years, 9 months
    B
    6 Years, 9 months
    C
    8 Years, 4 months
    D
    7 Years, 6 months
  • In what time will a sum of money double itself @ 20% per annum (p.a) simple interest ?

    A
    10 years
    B
    5 years
    C
    2 years
    D
    4 years
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    In how many years will a certain sum amounts to 6 times itself at 25% per annum simple interest ?

    In how much time, will a sum of money become double of itself at 15 % per annum simple interset ?

    What is the principal? I. The simple interest accrued on that sum at the rare of 12% per annum in 2 years is Rs. 360 less than the compoind interest on the same sum at 12% per annum in 2 years. II. The sum doubles itself in 10 years at 10% per annum rate of simple interest. III. The compoind interest on teh sum in 2 years at the rate of 12% per annum is Rs.6360.

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