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Class 10 > How many years would it take you to have Rs. 2,500...
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How many years would it take you to have Rs. 2,500 if you saved Rs. 100 each month at 15%?

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Principle for a month=Rs.100 Amount=SI+P= P(1+RT/100)=100(1+0.15T) =>2500=100(1+0.15T) =>25=1+0.15T =>24=0.15T =>T=160 months=13.3 yrs
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Principle for a month=Rs.100 Amount=SI+P= P(1+RT/100)=100(1+0.15T) =>2500=100(1+0.15T) =>25=1+0.15T =>24=0.15T =>T=160 months=13.3 yrs
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