A sum of rupee 2000 amounts to rupee4000 in two years at compound interest. In how many years does the same amounts to rupee8000
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Correct Answer:
4
Description for Correct answer:
Total Time =2+2=4. 2+2=4 years
Answer is 4
because
if 2000 rupees takes 2 years to become 4000 rupees, then it would take 4 years to become 8000 rupees
4
Description for Correct answer:
Total Time =2+2=4. 2+2=4 years
Answer is 4
because
if 2000 rupees takes 2 years to become 4000 rupees, then it would take 4 years to become 8000 rupees
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