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The least number of complete years in...

The least number of complete years in which a sum of money put out at 20% compound interest will be more than double is (a) 3 (b) 4 (c) 5 (d) 6

A

4

B

5

C

6

D

8

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The correct Answer is:
A
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ARIHANT SSC-CI/SI/INSTALMENTS-EXERCISE (LEVEL - 1)
  1. At compound interest , if a certain sum of money doubles in n years , ...

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  2. Rs. 6000 amounts to Rs . 7986 in 3 years at Cl. The rate of interest i...

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  3. The least number of complete years in which a sum of money put out ...

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  4. The Cl on Rs. 5000 for 3 years at 8% for first year, 10% for second ye...

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  5. A sum of Rs. 2400 deposited at Cl, doubled after 5 years. After 20 yea...

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  6. A sum of ₹ 550 was taken as a loan. This is to be paid back in two equ...

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  7. The difference between compound interest and simple interest on a sum ...

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  8. The difference between simple and compound interest on Rs. 6000 for 1 ...

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  9. A certain sum amounts to ₹ 8988.8 in two years and to ₹ 9528.128 in th...

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  10. The compound interest and the simple interest for two years on a certa...

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  11. The compound interest on a certain sum at a certain rate of interest f...

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  12. Amit borrowed ₹ 800 at 10% rate of interest. He repaid ₹ 400 at the en...

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  13. A sonata watch is sold for ₹ 440 cash or for ₹ 200 cash down payment ...

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  14. A cellphone is available for ₹ 600 or for 300 cash down payment togeth...

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  15. Abhinav purchases a track suit for ₹ 2400 cash or for ₹ 1000 cash down...

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  16. Indicom cell-phone is available for ₹ 2500 cash or ₹ 520 cash down pay...

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  17. An article is sold for ₹ 500 cash or for ₹ 150 cash down payments foll...

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  18. A sum of Rs. 390200 is to paid back in three equal annual installments...

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  19. Pumima borrowed a sum of money and returned it in three equal quarterl...

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  20. Pankaj borrowed ₹ 10815, which is to be paid back in 3 equal half year...

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