Mathematics · Compound Interest
In how many years will ₹ 1,000 become ₹ 1,331 at an interest rate of 10% per annum compounded annually?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12(1/2) years
- 24 years
- 32 years
- 43 years✓
Correct answer
3 years
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