Math, asked by shamaul650, 5 months ago

the price of a bike increases at a rate of 7%p.a due to hike in price of raas materials of raw materials l.in how many years the price of bike will be 34347,if its present value of 30000

Answers

Answered by Bhawana861

1

Answer:

Step-by-step explanation:

Rate=7%

Principle=30000

Interest=34347

now,

Time=I*100/P*R

T=34347 * 100/30000 * 7

T=34,34,700/2,10,000

T=16.35 yrs.

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