Question

If the interest on 8000 Rupees at the rate 5% p.c.p.a is 800 Rupees, calculate the time for which the amount is deposited. *​

Answer 1

Answer:

Answer is

8000 rupees , 800 rupees

so divide 8000÷ 800

= 10

so the time for the amount is deposited is 10 years

Answer 2

Step-by-step explanation:

hence the compound interest = Rs 1261

hope it was helpful

Best Regards

Naisha Sharma