Question

rs 8000 became rs 9261 in a certain interval of time at the rate of 5% per annum ,C.I , find the time
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Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

3year

Step-by-step explanation:

Amount=Rs.9261

Rate=5%

Principal=Rs.8000

CI=Rs.9261

Now, CI=P(1+

100

R

)

n

8000

9261

=(

100

105

)

n

(

20

21

)=(

20

21

)

n

∴n=3years