Question

5. How long will it take for 5000 to become double the amount at the interest rate of 10%?


8. Gaurav takes a loan of 50,000 to buy a motorbike from a bank at the interest rate of 12% per
annum. The loan has to be repaid in 5 years. Find the amount Gaurav has to return to bank
after 5 years​

Answer 1

Answer:

5.

T=10 years

8.

A=Rs.80000

Explained in the image, please check and let me know if I was right or wrong.