हिंदी

In How Many Years Will Rs 2000 Amount to Rs 2662 at 10% P.A. Compound Interest?

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प्रश्न

In how many years will Rs 2000 amount to Rs 2662 at 10% p.a. compound interest?

योग
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उत्तर

Here P = Rs.2000, A = Rs.2662, r = 10%

Now, `"P"(1 + "r"/100)^"t"` = A

⇒ `2000(1 + 10/100)^"t"`

= 2662

⇒ `(11/10)^"t"`

= `(2662)/(2000)`

= `(1331)/(1000)`

= `(11/10)^3`
By comparing powers, t = 3
Hence time is 3 years.

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Concept of Compound Interest - When the Time is Not an Exact Number of Years and the Interest is Compounded Yearly
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest - Exercise 3.2

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फ्रैंक Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest
Exercise 3.2 | Q 9
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