Question

In how many years will ₹8000 amount to ₹9261 at 5% per annum compounded annually?

Answer 1

hey.. 
here is ur answer..
..
.
amt.= rs9261
principal=8000rs
rate=5%
let time=T
amt.=p[1+R/100]^T
9261=8000[1+5/100]^T
9261/8000=[1+5/100]^T
[21/20]^3=105/100]^T
[21/20]^3=[21/20]^T
BASES ARE SAME, EQUATE POWERS
3=T
3yrs is ur answer


hope it will help, if yes please mark it as brainlist..

Answer 2

SAME QUESTION MY TEACHER HAD ALSO GIVEN. NICE ONE