Question

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

Answer 1

Answer:

ANSWER

We have,

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

We know that

A=P(1+

100

R

)

T

9317=7000(1+

100

10

)

T

(1+

10

1

)

T

=1.331

(1.1)

T

=1.331

(1.1)

T

=(1.1)

3

∴T=3 years

Answer 2

Answer:

3 Years

Step-by-step explanation:

Hope this helps!