In how many years will a sum of money becomes double at 5% per annum SI?

A

18

B

20

C

15

D

None of these

Verified by Experts

The correct Answer is:

B

Similar Questions

Explore conceptually related problems

In how many years will a sum of money trebles itself at 25% per annum?

In how many years will a sum of money double itself at 10 % per annum simple interest ?

In how many years will a sum of money double itself at 6(1)/(4)% simple interest per annum?

In what time will a sum of money double itself at 15% per annum?

In how many years will 800 amount to Rs 882 at 5% per annum be compounded annually ?

in how many years a sum of money trebles at 5% pa.compound interest payable on half yearly basis?

How long will a sum of money invested at 5% per annum SI take to increase its value by 50%?

If the difference between S.I. and C.I. for 2 years on a sum of money lent at 5% per annum is Rs. 6, then the sum is