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how to do this question and please explain the logic

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A sum of money doubles itself at compound interest in 10 years. In how many years will it become eight times?

nisam M

CA Final

★ 23K+

22-Jan-21 04:18

307

Answers (1)

Best Answer

100 becomes 200 in 10 years 200 will become 400 in another 10 years 400 will become 800 in another 10 years. So 30 years

CA Suraj Lakhotia

Admin

22-Jan-21 10:14

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