In how many years will a of money double itself 12% per annum?6 years 9 months7 years 6 months8 years 3 months8 years 4 months (2024)

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Question

A

7 years 6 months

B

8 years 3 months

D

6 years 9 months

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Solution

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Let sum=x
After t year it double then interest=x
Rate of interest=12%
HenceTime=x×100x×12=8Years4months

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In how many years will a of money double itself 12% per annum?6 years 9 months7 years 6 months8 years 3 months8 years 4 months (2024)
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