Question

In how many years will Rs 2,000 amount to Rs 2,662 at 10% compound interest.

Answer 1

Answer:

Brainly User

a= 2662rs

p= 2000rs

r=10%

t= ????

now

a=p(1+r/100)^t

2662/2000=(1+10/100)^t

1331/ 1000= (11/10)^t

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

on comparing t= 3 year I Hope it will help you

Step-by-step explanation:

∴In 2 years rupees 2000 will amount to rupees 2420 at 10% per annum compound interest.

Answer 2

Answer:

Here is your answer :)

Step-by-step explanation:

a= 2662 rs

p= 2000 rs

r=10%

t= ?

As,

a=p(1+r/100)^t

2662/2000=(1+10/100)^t

1331/ 1000= (11/10)^t

(11/10)³= (11/10)^t

on comparing t= 3 years

Hope it helps you