the compound interest on ₹43200 at 10% per annum for a certain period of time is ₹9072. find the time in years
Answers
Answered by
1
Answer:
P=Rs.1800
R=10%
C.I.=Rs.378
A=P+C.I=Rs.(1800+378)=Rs.2178
We know,
A=P(1+
100
R
)
n
⇒ 2178=1800(1+
100
10
)
n
⇒
1800
2178
=(1+
10
1
)
n
⇒ 1.21=(
10
11
)
n
⇒ (1.1)
2
=(1.1)
n
By comparing we get,
⇒ n=2 years
Answered by
2
Step-by-step explanation:
the compound interest on rs 43200 at 10% per annum for a certain period of time is rs9072 find the time in years
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