Question 1:
Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?
A. 4 years
B. 6 years
C. 2 years
D. 3 years
Feedback 9261 = 8000(21/20)^N
(21/20)³ = (21/20)^N => N = 3

These questions are from this test. Would you like to take a practice test?

Practice Compound Interest Test 1 | Englishfreetest.com