Question

in how many years will rupees 5000 amount to Rupees 6272 at 12% rate of compound interest per annum find time​

Answer 1

Answer:

2 years

Step-by-step explanation:

Amount =p(1+R/100)^n

A/Q

6272=5000(1+12/100)^n

6272/5000=(1+6/50)^n

3136/2500=(56/50)^n

(56/50)^2=(56/50)^n(bases are same we equate the powers)

2=n

Therefore time is 2 years

Answer 2

Step-by-step explanation:

not having step by step explanations