Question

If a principle money doubles in 10 years when it is invested through compound interest. Then, when it will become four fold (4 times).

  1. 10 years
  2. 20 years
  3. 25 years
  4. 30 years

Answer:

Option B: 20 years

Detailed Solution:

The correct answer is “20 years”.

The correct option is: (2) 20 years