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The time in which Rs. 80,000 amounts to ...

The time in which `Rs. 80,000` amounts to `Rs. 92,610` at `10%` p.a. compound interest, interest being compounded semi annually is

A

2 years/2 वर्ष

B

`2 1/2` years /`2 1/2` वर्ष

C

3 years/3 वर्ष

D

`1 1/2` years /`1 1/2` वर्ष

Text Solution

Verified by Experts

The correct Answer is:
D

`:.` ब्याज छमाही संयोजीत होता है। .
`:. " दर " 10/2=5%, " समय " =2t`
`A = P[1+r/100)^t`
`implies 92610 = 80000[1+ 5/100)^(2t)`
`implies 92610/80000 =(21/20)^(2t)`
`implies 9261/800(21/20)^(2t)`
`implies (21/20)^(2t) =(21/20)^3`
`implies 2t = 3`
`implies t=3/2 =1 1/2`yrs.
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