The interest on a sum of rs 2000 is being compounded annually at the rate of 4%. Find the time period for which the interest is rs 163.20.
Answers
Answered by
1
YOU are given with all the required things so simply use the formula
principal is 2000
rate is 4
interest is 163.20
use the formula C.I = p (1+R÷100)WHOLE SQUARE BY TIME t -1
Similar questions