Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?
Select: A) 4 years B) 6 years C) 2 years D) 3 years E) 8 years
Explanation:   9261 = 8000(21/20)N   (21/20)3 = (21/20)N =&gt; N = 3   Answer IS 3 years
<result>D</result>
Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?