The compound interest on rs.30000 at 7% per annum is Rs.4347. The period is  Options
A) 2  B) 6  C) 78  D) 8  E) 9
Explanation:   2mount = Rs.(30000+4347) = Rs.34347   let the time be n years   Then,   n = 2years   2nswer: 2) 2 years
<result>A</result>
The compound interest on rs.30000 at 7% per annum is Rs.4347. The period is