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Class 10 > Learn Mathematics > The compound interest on Rs 30000 at the 7% per annum...
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The compound interest on Rs 30000 at the 7% per annum is Rs 4347. What is the period (in years)?

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The period is 2 years. Very simple solution 30000 - 30000=4347 = = > 30000=34347 ==> = 34347/30000 ==> = [ (100+7)/100 ) power 2==> n=2
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