Question

In how many years will Rs7,000 amount to Rs9,317 at 10% per annum compound interest?​

Answer 1

Answer:

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Answer 2

Answer:

A=Rs.9317,P=Rs.7000,R=10%,T=?

We know that

A=P(1+100R)T

9317=7000(1+10010)T

(1+101)T=1.331

(1.1)T=1.331

(1.1)T=(1.1)3

∴T=3 years

Step-by-step explanation:

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