Question

How many years will you earn Rs 832 if you deposit Rs 5,000 at the bank at an annual rate of 8%?​

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Step-by-step explanation:

C.I. for 1 person =

100

6000×2×5

=Rs.600

C.I. for II person =5000[(1+

100

8

)

2

−1]

=5000×[

25

27

×

25

27

−1]

=5000×[

625

729−625

]

=

625

5000×104

∴Reqddifference=832−600

=Rs.232