Home
Class 14
MATHS
The compound interest on Rs. 30,000 at ...

The compound interest on `Rs. 30,000` at `7%` per annum for a certain time is `Rs. 4,347` . The time is

A

3

B

2

C

4

D

5

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Similar Questions

Explore conceptually related problems

The compound interest on Rs 180 at 10% per annum for a certain period of time is Rs 378. Find the time in years.

The compound interest on Rs 50,000 at 4% per annum for 2 years compounded annually is

Find the compound interest on Rs 40,000 at 12% per annum for a period of 2 years. (in Rs).

The compound interest on Rs 30,000 at 7% per annum is Rs 4347. The period (in years) is (a) 2 years (b) 2(1)/(2) years (c) 3 years (d) 4 years

Simple interest on Rs500 for 4 years at 6.25% per annum is equal to the simple interest on Rs 400 at 5% per annum for a certain period of time.The period of time is (a) 4 years (b) 5 years (c) 6(1)/(4) years (d) 8(2)/(3) years