In how many years will rupees 20000 amount to rupees 2662 at 10
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Answer:
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= 3year i hope it will help you
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