Question

In how many years will rupees 870amount to rupees1044at the rate of5by2 %

Answer 1

Principal=870
Amount =Principal-interest
interest =amount - principal
interest=1044-870
interest=174
Rate=5/2%
Time=100*interest/principal*rate
time=100*174/870*5/2
time=17400/4350/2
time=4/1/2
time=4*2
time=8 ans.
hope it helps u....