$A$ sum of money placed at compound interest doubles itself in $5 \, \text{years}$. It will amount to eight times itself at the same rate of interest in (in $\text{years}$):

  • A
    $7$
  • B
    $10$
  • C
    $15$
  • D
    $20$

Explore More

Similar Questions

The difference between simple interest and compound interest compounded annually on a certain sum of money for $2$ years at $4 \%$ per annum is ₹ $1$. The sum (in ₹) is

₹ $3757$ is to be divided between $A$ and $B$ such that $A$'s share at the end of $7$ years may be equal to $B$'s share at the end of $9$ years. If the rate of interest is $10 \%$ per annum compounded annually,what is $B$'s share (in ₹)?

Difficult
View Solution

If $Rs. 3000$ amounts to $Rs. 4320$ at compound interest in a certain time,then what will $Rs. 3000$ amount to in half of that time (in $Rs.$)?

Difficult
View Solution

On what sum will the compound interest (in ₹) for $2 \frac{1}{2}$ years at $10 \%$ per annum amount to ₹ $6352.50$?

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?

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