1.

The Compound Interest On Rs. 30,000 At 7% Per Annum Is Rs. 4347. The Period (in Years) Is?

Answer»

AMOUNT = RS. (30000 + 4347) = Rs. 34347.

Let the TIME be N years.

Then, 30000*(1+7/100)^n=34347

n= 2 years.

Amount = Rs. (30000 + 4347) = Rs. 34347.

Let the time be n years.

Then, 30000*(1+7/100)^n=34347

n= 2 years.


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