alleryStart learning →Rs 8,000 becomes Rs 12,500 at 25% compounded yearly. Time taken?
A2 years
B4 years
C3 years
D1.5 years
Answer & Solution
Correct answer: A. 2 years
8000 x 1.5625 = 12,500, and 1.5625 is 1.25 squared.
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