The compound interest on rs.30000 at 7% per annum is Rs.4347.

The compound interest on rs.30000 at 7% per annum is Rs.4347. The period is

Quiz

Answer/Solution

2

Steps/Work

Explanation:
Amount = Rs.(30000+4347) = Rs.34347
let the time be n years
Then,
n = 2years
Answer: A) 2 years