COMPOUND INTEREST APTITUDE QUESTIONS AND ANSWERS

COMPOUND INTEREST QUESTIONS AND ANSWERS 7 to 9

7. A sum of money placed of C.T. doubles itself in 5 years. It will amount to eight times itself in:

15 years

20 years

12 years

10 years

8. What is the principal amount which earns Rs. 132 as compound interest for the second year at 10% per annum?

Rs. 1000

Rs. 1200

RS. 1320

none of these

9. The least number of complete years in which a sum of money put and at 20% C.I. will be more than doubles is:

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