10th Class Mathematics Related to Competitive Exam Question Bank Commercial Mathematics

  • question_answer
    In how many years will a sum of money double itself at 4% per annum?

    A)  8 years                

    B)  16 years

    C)  12 years         

    D)         25 years  

    Correct Answer: D

    Solution :

      Let sum = x. Then, S.I. = x. \[\therefore \]  Time \[=\frac{100\times S.I.}{Sum\times Rate}\]                 \[=\left( \frac{100\times x}{x\times 4} \right)\,years=25years\]


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