ExamBro
ExamBro
CUET · MATHS · PYQ PAPER 2025

The number of years required for a sum of money to get tripple at the effective rate of \(4\%\) is : (Given \((1.04)^{28}=3\) )

  1. A 7 years
  2. B 14 years
  3. C 28 years
  4. D 56 years
Verified Solution

Answer & Solution

Correct Answer

(C) 28 years

Step-by-step Solution

Detailed explanation

\((1.04)^t = 3\) \(t = 28\)
From CUET
Explore more questions on app