Question

At what percent per annum will ₹8000 amount to ₹9261 in 3 years compounded annually?

Answer 1

Hii Friend,
Here Is Your Answer
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GIVEN:-
Amount =9261 Rupees
Time (n)= 3 Years
Principal=8000 Rupees
SOLUTION:-
Amount= Principal*(1+(Rate/100))^n
=>9261=8000*(1+(R/100))^3
=>(21/20)^3=(1+(R/100))^3
=>((21/20)-1)=(R/100)
=>(21-20)/20=(R/100)
=>(1/20)= (R/100)
=>R=100/20
=>R=5%
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HOPE IT WILL HELP U :)

@Swararsham

Answer 2

Answer:

phelea wala answer to that much but I don't