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Find the least number of complete years in which a sum of money put out at 25% CI will be more than double of itself?

A.	4	B.	5
C.	6	D.	4.5

Answer and Explanation

Answer:4

Explanation:
Let the number of years be n
Let the sum be Rs x
x(1 + 25/400)3 = 2x,
n=3.10 years
The sum will double in 3.10 years
It will be more than double in 4 years

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