Rs.800 at 5% per annum compound interest will amount to Rs.882 in:
Solution:
30000×(1+7100)t=30000+434730000×(1+7100)t=30000+4347
or (107100)t=3434730000=1144910000=(107100)2(107100)t=3434730000=114491000
=(107100)2
Time = 2 years
30000×(1+7100)t=30000+434730000×(1+7100)t=30000+4347
or (107100)t=3434730000=1144910000=(107100)2(107100)t=3434730000=114491000
=(107100)2
Time = 2 years