The time in which rupees 6000 amounts to rupees 7986 at 10% per annum compounded annually.
Answers
Answered by
29
Answer:
Time = 3 years
Step-by-step explanation:
Amount = ₹7986
Principal = ₹6000
Rate = 10%
Time = n years
Amount = P(1+r/100)ⁿ
₹7986 = ₹6000(1+10/100)ⁿ
7986/6000 = (110/100)ⁿ
1331/1000 = (11/10)ⁿ
(11/10)³ = (11/10)ⁿ
Bases are same, Power will also be same
3=n
Time = 3 years
Answered by
1
Answer:
after 3 years it will become 7986
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