Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Compound Interest

Question:

A sum of money becomes five times of itself in 7 years at compound interest. In how many years will it becomes 625 times of itself ?

Options:

28 years

30 years

18 years

29 years

Correct Answer:

28 years

Explanation:

5 times in = 7 years

54 time in =7 × 4 years

625 times in = 28 years