Question

in what time will rupees 15625 amount to rupees 17576 at 4 % per annum compound interest​

Answer 1

Answer:

Here

P=rs15625

A=rs17576

r=4%

Now p(1+r/100)^t =A

15625(1+4/100)^t =17576

(26/25)^t

17576/15625

(26/25)^3

By comparing power t =3

Hence time is 3 years