Mathematics for FinanceMTP Jun 23Question 1383 of 479
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A certain sum of money becomes double at 5%\displaystyle 5\% rate of S.I. p.a. in a certain time, the time in years is

Options

A10\displaystyle 10 years
B20\displaystyle 20 years
C25\displaystyle 25 years
DNone of these
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Correct Answer

Option b20\displaystyle 20 years

All Options:

  • A10\displaystyle 10 years
  • B20\displaystyle 20 years
  • C25\displaystyle 25 years
  • DNone of these

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