A) 4 years
B) 3 years
C) 2 years
D) 1 year
Correct Answer: B
Solution :
\[Rs.\,\,1331=Rs.\,\,1000\,{{\left( 1+\frac{10}{100} \right)}^{n}}\] \[\Rightarrow \] \[\frac{1331}{1000}={{\left( \frac{11}{10} \right)}^{n}}\] \[\Rightarrow \] \[{{\left( \frac{11}{10} \right)}^{3}}={{\left( \frac{11}{10} \right)}^{n}}\] \[\Rightarrow \] \[n=3\] yearsYou need to login to perform this action.
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