Please solve RD Sharma class 12 chapter Differential Equations exercise 21.11 question 5 maths textbook solution
Answer:
Given: Compound interest=6% per annum,
To find: The amount after 10 years for Rs 1000 and the time in which the amount doubles.
Hint: Use compound interest i.e.
Solution: Let P be the principal
Integrating on both sides we get,
At t=0, we have initial principal P=P0
Now substituting value of C in equation (i)
Now, P0=1000, t=10 years and r=6%
[Using anti-logarithm on both sides]
Therefore P=Rs 1822
Thus Rs 1000 will be Rs 1822 in 10 years.
Now let t1 be the time taken to double Rs 1000 then, P=2000, P0=1000, r=6%
From equation (i)
[By cross multiplication]
years (approximately)
Hence, it will take 12 years to double the amount.