Question
Mathematics Question on Compound Interest
In how many years a sum placed on compound interest becomes 8 times of itself, if it becomes twice in 6 years?
A
20
B
18
C
15
D
12
Answer
18
Explanation
Solution
The correct option is (B) :15
In how many years a sum placed on compound interest becomes 8 times of itself, if it becomes twice in 6 years?
20
18
15
12
18
The correct option is (B) :15