Question

₹8000 because ₹9261 in a certain interval of time at the rate of 5%per annum,ci findthe time​

Answer 1

9261=8000 (1+5/100)n

(I05/1oo)n=926l/8000

1.05^n=1.157625

1.05^3=1157625

n = 3. TIME is2 1/2 yrs