Question

Q. 17.> in what time will rs.5,400 amount to rs6,773.76 at 12% per annum compound interest??

Answer 1

$p = 5400 \\ a = 6773.6 \\ r = 12\%$

compound interest I= 6773.76 - 5400= 1373.76

We know in compound interest

$a = p {(1 + \frac{r}{100} )}^{n}$

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