Arithmeticmedium · Past Paper

In how many years will Rs. 1600 amount to Rs. 1852.20 at 5% p.a. CI?

A2
B3
C4
D5

✓ Correct Answer: B3

1852.2 / 1600 = 1.157625. (1.05)^3 = 1.157625. So T = 3.

Share this question

More from Arithmetic