Sum multiplies at CI: rate or time to reach another multiple
This type of question, asked 4 times: 12 Sep 2025 S1, 21 Sep 2025 S2, 22 Sep 2025 S1, 23 Sep 2025 S3. All 4 questions below, oldest first.
Try each one first, then open its answer.
Question 1
12 Sep 2025 S1
60An amount is said to double in 5 years with compound interest. How many years will it take for the amount to grow to 8 times its original value?Tap an option to check your answer.
Question 2
21 Sep 2025 S2
52A sum of money invested at compound interest amounts to twice itself in 4 years. In how many years will it become 8 times itself?Tap an option to check your answer.
Question 3
22 Sep 2025 S1
51A sum of money becomes three times itself in 3 years at compound interest. What is the rate of interest?Tap an option to check your answer.
Question 4
23 Sep 2025 S3
51A sum of money doubles itself at compound interest in 15 years. In how many years will it become eight times?Tap an option to check your answer.