Mathematics for FinanceMTP Jun 23Question 1383 of 422
All Questions

A certain sum of money becomes double at $5\%$ rate of S.I. p.a. in a certain time, the time in years is

Options

A$10$ years
B$20$ years
C$25$ years
DNone of these
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option b$20$ years

All Options:

  • A$10$ years
  • B$20$ years
  • C$25$ years
  • DNone of these

More Questions from Mathematics for Finance

Ready to Master Mathematics for Finance?

Practice all 422 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free