In what time will Rs 1000 amount to Rs 1331 at 10 % per annum,
compounded annually.
Answers
Answered by
13
Answer hope this will help uh
Step-by-step explanation:
Attachments:
Answered by
12
Answer:
3 years
Step-by-step explanation:
Given : P = Rs1000 , A = Rs 1331 , R = 10%
A = P (1+r/100)^n
=> 1331 = 1000 (1+10/100)^n
=> 1331/1000 = (110/100)^n
=> (11/10)^3 = (11/10) ^n
n = 3 yrs
Similar questions