Mathematics for FinancePYQ Sep 24Question 1269 of 479
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Mr. X makes a deposit of 12,000\displaystyle 12,000 in a bank where the amount doubles at compound interest in 5\displaystyle 5 years, then what will be the total amount he will have after twenty years?

Options

A1,20,000\displaystyle 1,20,000
B96,000\displaystyle 96,000
C1,24,000\displaystyle 1,24,000
D1,92,000\displaystyle 1,92,000
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Correct Answer

Option d1,92,000\displaystyle 1,92,000

All Options:

  • A1,20,000\displaystyle 1,20,000
  • B96,000\displaystyle 96,000
  • C1,24,000\displaystyle 1,24,000
  • D1,92,000\displaystyle 1,92,000

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