Question

in how many years will rupees 500 amount to rupees 600 of 5% per cent per annum​

Answer 1

Answer:

I = A - P

I = 600 - 500

I = 100]

I = P x R x N / 100

100 = 500 x X x 5 / 100

100 x 100 = 500 x X x 5

10000 = 2500 x X

10000/2500 = X

[ X = 4 ]

In 4 years will rupees 500 amount to rupees 600 of 5% per cent per annum.