A man deposit ₹1000 in a bank. In return he got ₹1331. Bank gave interest 10% per annum. How long did he kept the money in the bank?
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Answered by
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Answer:
time = 3.31 years
Step-by-step explanation:
total profit = 1331 -1000
= 331
we know that -----
according to rules.
331 = 1000*10*t/100
or,. 331*100 = 10000*t
or,. 33100 = 10000*t
or, t = 33100/10000
or,. t = 3.31
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