JIPMAT 2024Arithmetic > Medium25151620✅ Correct Option: 4Related questions:JIPMAT 2021A certain sum is lent at a certain rate of compound interest. It grows to 1.44 times its value in 2 years. If the same sum is lent at simple interest at the same rate, in how many years would it double itself?JIPMAT 2022A sum becomes double in 10 years, then what is the annual rate of simple interest?JIPMAT 2023Sumit has Rs. 90000 with him. He purchases three items A, B, and C for Rs. 15000, Rs. 13000, and Rs. 35000 respectively and puts the remaining money in a bank deposit that pays compound interest @15% per annum. After 2 years, he sells off the three items at 80% of their original price and also withdraws his entire money from the bank by closing the account. What is the total change in his asset?