1.

A certainsum of money amountsto Rs. 2900 at 4 % per annum in4 years. In how many years will it amount to rupees 5000 at the same rate?

Answer»

a) 20
b) 22
c) 24
d) 25

Solution :According to question , 4% rate in4 years add 16% to the principal
116% of principal = 2900
` Rightarrow 100% " of principal "2500`
Now(SI) NEW = 2500
` 2500 = ( 2500 xx 4 xx T)/100`
` RightarrowT = 25 ` years


Discussion

No Comment Found