A certain sum of money at C.I. doubles itself in 15 yrs. After how many years will it become 8 times ??
Kushagrasingh001:
What s a C.I......?
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Money doubles in 15 years , :-
4 times in 30 years and 8 times in 60 years.
Hope this helps u. :)
4 times in 30 years and 8 times in 60 years.
Hope this helps u. :)
Ooooo ..... I got it .... as simple as that...... i was simply confusing myself unnecessarily
Thank You
:D:D:D:D
Sorry Bro !! Its not so easy at all .....
Unitary method won't help
Because the amount of money increases every year and the amount of the 2nd year becomes the principal sum of the 3rd year
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