
A sum of money doubles itself in 4 years at compound interest. It will amount to 8 times of itself at the same rate of interest in-
16 years
6 years
8 years
12 years
None of these

Important Questions on Percentages

Interest earned on an amount after years at P.A. compounded yearly is Find the interest earned on same amount after years at P.A. at simple interest?








Two different amounts are invested in two schemes. In scheme A, amount is invested at per annum and in scheme B amount is invested at per annum. After years difference between both interests is , then find value of .



What is the ratio of simple interest earned on certain amount at the rate of p.a. for years and that for years ?
1.
2.
3.
4.


On a certain principal, simple interest amounts to Rs. 1000 in 1 year at the rate of 10% p.a. What will be the effective rate of interest if the same is compounded on a half-yearly basis?
1. 10.10
2. 10.15
3. 10.20
4. 10.25






