Question

in how many years will Rs 80000 amount to rupees 93312 at 8% compounded annually.

Answer 1

p=80000
a=93312
rate =8% so,
a/f
amount= p (1+r/100)^h
so,
93312 =80000 (1+8/100)^h
93312/80000=108/100×108/100^h
93312/80000=11664/10000^h now solve it and get your answer