Question
Quantitative Aptitude Question on SI & CI
If a certain sum invested under compounded interest becomes 4 times of itself in 15 years then in how many years wil the same sum become 16 times of itself?
A
30 years
B
45 years
C
60 years
D
64 years
Answer
30 years
Explanation
Solution
The correct answer is (A);30 years