Math, asked by manishayadav575, 1 month ago

in how many years will the amount on Rs2500,at the rate af 8%compound interest be Rs2916?

Answers

Answered by davpwn6c42trishabish

1

Answer:

In 2 years.

Explanation:

Amount = Rs. 2916,

Time = 2 years,

Rate % = 8 %

Effective Rate % of CI for 2 years

=8+8+8×8100=16.64 %

Required sum

=2916(100+16.64)×100

= Rs. 2500

Required simple interest

=2500×9×3100=Rs.675

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