In what time will a sum of ₹ 800 at 5 % p.a CI amount to rupees 882?

A. 1 Year

B. 5 Year

C. 4 Year

D. 2 Year

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Solution

Let p be total amount=882
Q be the principal amount

X be the compound interest

t be the no of years

Then, P=Q(1+X/100)^t
ie, 882=800(1+5/100)^t
882/800=(1.05)^t
1.1025=(1.05)^t
t=2years

It will take 2 years to get 882 on a principal -

amount of 800 at a compound interest of 5%

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In what time will a sum of ₹ 800 at 5 % p.a CI amount to rupees 882? A. 1 Year B. 5 Year C. 4 Year D. 2 Year

Let p be total amount=882 Q be the principal amount X be the compound interest t be the no of years Then, P=Q(1+X/100)^t ie, 882=800(1+5/100)^t 882/800=(1.05)^t 1.1025=(1.05)^t t=2years It will take 2 years to get 882 on a principal - amount of 800 at a compound interest of 5%

In what time will a sum of ₹ 800 at 5 % p.a CI amount to rupees 882?

A. 1 Year

B. 5 Year

C. 4 Year

D. 2 Year

Let p be total amount=882
Q be the principal amount

X be the compound interest

t be the no of years

Then, P=Q(1+X/100)^t
ie, 882=800(1+5/100)^t
882/800=(1.05)^t
1.1025=(1.05)^t
t=2years

It will take 2 years to get 882 on a principal -

amount of 800 at a compound interest of 5%