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Q: The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is  ?

  • 1
    3 years
  • 2
    4 years
  • 3
    2.5 years
  • 4
    2 years
  • Show Answer
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Answer : 2. "4 years"
Explanation :

Answer: B) 4 years Explanation: P1+20100n > 2P        Now, (6/5 x 6/5 x 6/5 x 6/5) > 2.       So, n = 4 years.

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