Mathematics, 17.09.2021 15:30 Mystical3Sparkle

Rajesh took a loan of Rs 16000 from his friend Gopal at the rate of 5 paisa per rupee per year interest compounded annually. In how many years would he pay a compound interest of Rs 2522 to Gopal? (Answer : 3 years)

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Rajesh took a loan of Rs 16000 from his friend Gopal at the rate of 5 paisa per rupee per year inter...

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Rajesh took a loan of Rs 16000 from his friend Gopal at the rate of 5 paisa per rupee per year interest compounded annually. In how many years would he pay a compound interest of Rs 2522 to Gopal? (Answer : 3 years) ​

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Rajesh took a loan of Rs 16000 from his friend Gopal at the rate of 5 paisa per rupee per year interest compounded annually. In how many years would he pay a compound interest of Rs 2522 to Gopal? (Answer : 3 years)