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11 Apr 2019, 06:44
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A
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Difficulty:
15%
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Question Stats:
77% (00:32) correct
23%
(00:54)
wrong
based on 77
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A sum of money doubles itself in 7 years. In how many years it becomes four fold?
(A) 14 years
(B) 21 years
(C) 28 years
(D) 35 years
(E) 49 years
(A) 14 years
(B) 21 years
(C) 28 years
(D) 35 years
(E) 49 years
14 Apr 2019, 18:45
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nm97
If the initial amount of money is x dollars, then 7 years later, it will be 2x dollars, and in another 7 years, it will be 4x dollars. Thus, it takes 14 years to quadruple the initial amount money.
Answer: A
