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Problem Solving (PS) | Re: 700 Level--The turnover of an organization named 'Coverage' was $640

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DH99 wrote:

The turnover of an organization named 'Coverage' was $640 crore per annum in 2001.In the same year another organization named 'Miles', established just a few years back, had the turnover of $40 crore per annum.The turnover of 'Miles' increased by 300% every year whereas Coverage's turnover increased by 700% every two years.After how many years will both the companies have the same turnover?

A. 4 years
B. 6 years
C. 8 years
D. 10 years
E. 12 years


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