If a sum of money placed at compound interest,compounded annually,doubles itself in $5$ years,then the same amount of money will be $8$ times of itself in how many years?

  • A
    $25$
  • B
    $20$
  • C
    $15$
  • D
    $10$

Explore More

Similar Questions

Aditya invests $Rs. 50,000$ in a fixed deposit at $10 \%$ $C.I.$ for $2$ years. At the end of $2$ years,she puts the money in another deposit at $12 \%$ $S.I.$ for $3$ years. What was the final value (in $Rs.$) of the initial investment?

Difficult
View Solution

At what rate per cent per annum will ₹ $1000$ amount to ₹ $1331$ in $3$ years? The interest is compounded yearly.

$A$ sum of money is borrowed and paid back in two annual instalments of ₹ $882$ each,with $5 \%$ compound interest per annum. The sum (in ₹) borrowed was:

$A$ sum of $Rs. 1000$ after $3 \, \text{years}$ at compound interest becomes a certain amount that is equal to the amount that is the result of a $3 \, \text{year}$ depreciation from $Rs. 1728$. Find the difference between the rates (in $\%$) of $C.I.$ and depreciation? (Given $C.I.$ is $10 \% \, p.a.$)

Difficult
View Solution

On a certain principal,if the simple interest for two years is ₹ $1400$ and the compound interest for two years is ₹ $1449$,what is the rate of interest (in $\%$) ?

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo