Question

IN WHAT TIME WILL ₹15625 AMOUNT TO ₹17576 AT 4% PER ANNUM COMPOUND INTERESTE?​

Answer 1

Step-by-step explanation:

here p = 15625rs, A =17576, r = 4%

Now,P(1+r/100)t = a

=» 15625(1 + 14/100)t

= 17576

(26/25)t

17576/15625)

(26/25)3

by comparing ,t = 3

Hence, time is 3 yrs

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