Q26 of 89 Page 14

The compound interest on Rs. 1800 at 10% per annum for a certain period of timeos Rs. 378. Find the time in years.

Given,


Compound interest = Rs.375


Principal = Rs.1800


Rate = 10% p.a


Let time = T years


So,


=


=


=


=


=


=


Hence.


Time = 2 years


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