Question

in how many years will ruppe8000 ount to ruppe 9261 at 5%per annum compounded annually​

Answer 1

8000 → 100%

9261 → 5%

= 9261 × 5

____________

8000 × 100

= 9261

_________

16000

Answer 2

Answer:

in three years will ruppe 8000 amount to ruppe 9261 at 5% per annum compounded annually

Step-by-step explanation

Here;

P=8000

R=5%

CI=P((100-R)/100)^T

9261=8000((100+5)/100)^T

1.157625=(1.05)^T

So, T=3 years

I THINK THIS IS CORRECT AND HOPE IT WILL HELP YOU