Question

A sum of Rs 12000 deposited at compound interest becomes double after 5 years . After 20 years, it will become

Answer 1

Step-by-step explanation:

Year principal amount

after 5 yr. 1 ---> 2

". 10 yr 2---> 4

". 15 yr. 8---> 2

". 20 yr 8 ---> 16

any. after 20 yr

= 16* 12000

= 1,92,000