Mathematics · Compound Interest

A sum of ₹12,000 deposited at compound interest becomes double after 5 years. After 20 years, it will become:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹1,92,000✓
2₹1,24,000
3₹1,20,000
4₹96,000

Correct answer

₹1,92,000

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A sum of ₹12,000 deposited at compound interest becomes double after 5 years. After 20 years, it will become:

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A sum of ₹12,000 deposited at compound interest becomes double after 5 years. After 20 years, it will become:

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