Mejia Hilton
09/07/2023 · Senior High School
(b) ₹ 9360 is invested for 3 years at \( 6 \% \) compound interest. Find the compound interest on ₹ 10000 at \( 5 \% \) p.a. for \( 2 \frac{1}{2} \) years, the interest payable y How long will it take for ₹ 40000 to become ₹ 44100
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1. Compound interest on ₹ 10000 at 5% for 2.5 years is ₹ 1270.
2. ₹ 40000 will become ₹ 44100 in approximately 1.95 years at 5% compound interest.
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