in how many years will rupees is 16000 amount to rupees 17640 @ 5% per annum compounded annually find the time.
Answers
Answered by
0
Answer:
income tax
Explanation:
aaj ke javane me 16000 hazar kamane me halat kharab ho jati hai to jama karne or 5precent ke anusar app ko milte hai 20000
Answered by
0
Answer:
Explanation:P=16000 ,A=176400 ,T=2years
Let rate be R%
A=P(1+100R)T
17640=16000(1+100R)2
1600017640=(1+100R)2
=>(4042)2=(1+100R)2
=>4042=1+100R
=>100R=2021−1
=201
=>R=20100=5%
Hence, Rate = 5% p.a.
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