Question

Find the time for which compound interest of ₹331 was generated on a principal of ₹1,000 at an annual interest rate of 10%.
(A) 1 year
(B) 2 years
(C) 2.5 years
(D) 3 years

Answer 1

Find the time for which compound interest of ₹331 was generated on a principal of ₹1,000 at an annual interest rate of 10%.

(A) 1 year

(B) 2 years✓✓✓✓

(C) 2.5 years

(D) 3 years

Answer 2

Answer:

Find the time for which compound interest of ₹331 was generated on a principal of ₹1,000 at an annual interest rate of 10%.

(A) 1 year

(B) 2 years✔️✔️✔️✔️✔️

(C) 2.5 years

(D) 3 years