When will a sum of Rs 400 amount to Rs 625 at the rate of 25% p.a. compound interest payable yearly?
Answers
Answered by
1
Answer:
the answer is 900
Hope it will help you
Answered by
2
Answer:
2 years
Step-by-step explanation:
P = 400
r=25%
625 = 400(125/100)^x
625/400 = (5/4)^x
25/16=(5/4)^x
x = 2
So the answer is 2 years
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