Arithmetichard · Past Paper
A sum of Rs. 12000 deposited at CI doubles in 5 years. After 20 years, it will be:
ARs. 96,000
BRs. 1,92,000
CRs. 1,20,000
DRs. 1,44,000
✓ Correct Answer: B — Rs. 1,92,000
20 years = 4 cycles of 5 years. Amount = 12000 * 2^4 = 12000 * 16 = 192000.
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