1. The compound interest on =1,800 at 10% per annum for a certain period of time is 378. Find the time in years.
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By: anil on 05 May 2019 01.53 am
Principal Amount (P) = Rs 1800 Rate of Interest = 10% Compound Interest = Rs 378 Let the time period be T So C.I = P$$(1+ frac{R}{100})^T$$ - P 378 = 1800$$(1+ frac{10}{100})^T$$ - 1800 T = 2 years
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