The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:

The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:

The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:


A. 2
B. 2-1/2
C. 3
D. 4


Answer: A