Question

Q7. In how many years will Rs16000 amount to
Rs 24334at 15% per annum compound interest?
(a) 2years (b)3 years (c) 4years (d) none​

Answer 1

Answer:

Review it, if answer is correct

Step-by-step explanation:

Answer b.

It will take 3 year to be compounded.

Because,

24334 - 1600 = 8334 Lump Slump it is a 50% of 16000

So it take 3 Years