ln how many years the amount for Rs. 10000 becomes Rs. 12100 at 10% compound interest?
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Answer:
=> si = p × r × t/100
=>10000 × 10 × t/100 = 2100
=>1000 × t = 2100
=>2100 ÷ 1000 = 2.1
=> It will be 2.1 years
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