Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Compound Interest

Question:

A sum of money becomes four times of itself in 7 years at compound interest. In how many years will it becomes 256 times of itself ?

Options:

14 years

21 years

28 years

35 years

Correct Answer:

28 years

Explanation:

4 times in = 7 years

44 time in =7 × 4 years

256 times in = 28 years