compound interest on rupees 30,000 at 7%p.a. is 4347. the period in years?
Amount = Rs.(30000+4347) = Rs.34347
let the time be n years
Then,30000(1+7/100)^n = 34347
(107/100)^n = 34347/30000 = 11449/10000 = (107/100)^2
A and B started a business with some investm
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