Answer:
2 Years
Step-by-step explanation:
Given:
Principal = Rs 1,800
Final amount = Rs 2,178
Rate of interest = 10%
Concept used:
Amount after ‘n’ years for a Principal of P and rate of interest of r% compounded annually, A = P × (1 + r/100)n
Calculation:
A = P × (1 + r/100)n
2,178 = 1,800 × (1 + 10/100)n
⇒ 2,178/1,800 = (11/10)n
⇒ 121/100 = (11/10)n
⇒ (11/10)2 = (11/10)n
⇒ n = 2
∴ In two years the amount of Rs 1,800 will become Rs 2,178 at 10% compounded annually.
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two years
in two years the amount RS 1,800 will become RS 2,178 at 10% compound anuaaly
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Verified answer
Answer:
2 Years
Step-by-step explanation:
Given:
Principal = Rs 1,800
Final amount = Rs 2,178
Rate of interest = 10%
Concept used:
Amount after ‘n’ years for a Principal of P and rate of interest of r% compounded annually, A = P × (1 + r/100)n
Calculation:
A = P × (1 + r/100)n
2,178 = 1,800 × (1 + 10/100)n
⇒ 2,178/1,800 = (11/10)n
⇒ 121/100 = (11/10)n
⇒ (11/10)2 = (11/10)n
⇒ n = 2
∴ In two years the amount of Rs 1,800 will become Rs 2,178 at 10% compounded annually.
Hope This Helps
Mark me brainlist
Answer:
two years
Step-by-step explanation:
in two years the amount RS 1,800 will become RS 2,178 at 10% compound anuaaly