Compound Interest Worksheet-4
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A sum of money becomes Rs. 13,380 after 3 years and Rs. 20,070 after 6 years on compound interest. The sum is :
(a) Rs. 8800 (b) Rs. 8890 (c) Rs. 8920 (d) Rs. 9040
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A sum of Rs. 12,000 deposited at compound interest becomes double after 5 years. After 20 years, it will become :
(a) Rs. 96,000 (b) Rs. 1,20,000
(c) Rs. 1,24,000 (d) Rs. 1,92,000