ExamBro
ExamBro
MHT CET · Maths · Basic of Mathematics

The money invested in a company is compounded continuously. If ₹ \(200\) invested today becomes ₹ \(400\) in 6 years, then at the end of 33 years it will become ₹

  1. A \(1600 \sqrt{2}\)
  2. B \(3200 \sqrt{2}\)
  3. C \(12800 \sqrt{2}\)
  4. D \(6400 \sqrt{2}\)
Verified Solution

Answer & Solution

Correct Answer

(D) \(6400 \sqrt{2}\)

Step-by-step Solution

Detailed explanation

Here, Amount \((A)=\) ₹ \(400\)
Principal \((P)=\) ₹ \(200, N=6\) years
\(A-P\left(1+\frac{R}{100}\right)^N \)
\( \Rightarrow 400=200\left(1+\frac{R}{100}\right)^6 \)
\( \Rightarrow\left(1+\frac{R}{100}\right)^6=2 \)
\( \Rightarrow 1+\frac{R}{100}=2^{\frac{1}{6}} \)
\( A =P\left(1+\frac{R}{100}\right)^N \)
\( =200\left(1+\frac{R}{100}\right)^{33} \)
\( =200\left(2^{\frac{1}{6}}\right)^{33} \)
\( =200\left(2^5 \cdot 2^{\frac{1}{2}}\right) \)
\( =200(32 \sqrt{2}) \)
\( =6400 \sqrt{2}\)