Question

In how many years will compound interest payable yearly on Rs 10000 at 10%p. a. be Rs 3310?​

Answer 1

Answer:

I think the answer will be 3 years it is an approximate answer

Answer 2

Answer:

3years

Step-by-step explanation:

CI=3310

P=10000

So,A=P+CI=10000+3310=13310

A=P(1+R/100)^n

=13310=10000(1+10/100)^n

=13310/10000=(11/10)^n

=1331/1000=(11/10)^n

=(11/10)^3=(11/10)^n

=n=3-answer