Q141
In how many years will a sum of Rs. 320 amount to Rs. 405 if interest is compounded at 12.5% per annum?
A.
2 years
AnswerB.
1 year
C.
D.
Answer: Option A
Solution
Answer: Option A
Solution:
\begin{array}{*{20}{c}}
{320}&:&{405} \\
{\sqrt {64} }&:&{\sqrt {81} } \\
8&:&9
\end{array}