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Answer : 3. "2"
The compound interest on Rs.30,000 at 7% per annum is Rs. 4347. The period (in years) is:
5Q:
The compound interest on Rs.30,000 at 7% per annum is Rs. 4347. The period (in years) is:
- 12½false
- 23false
- 32true
- 44false
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Answer : 3. "2"
Explanation :
We know that
$$ {A=P{(1+{r\over 100}})}^{t}$$
Putting the value we can get answer