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Grade 108 grade maths

Please solve this question briefly.
24000 workers were employed to constuct roads in a district. However, to complete the project in time, workers were increased at the rate of 5% every six months. Find the time period at the end of which the total number of workers becomes 27783.
Please solve it in Compound interest.
thanks in advance.

Profile image of Yugabrat Gogoi
11 Years agoGrade 10
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2 Answers

Profile image of Ravi
ApprovedApproved Tutor Answer11 Years ago
Consider the situation as the principal being the initial investment= 24000
Final amt= P+CI= 27783
Rate of CI= 5% compounded half yearly(as the tenure is of 6 months)

Calculate the time.(considering 6 months as 1 tenure but the final answer being in years)
I think I’ve made the question clear, so can you ahead and solve for yourself with the given directions.
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Profile image of Yugabrat Gogoi
11 Years ago
Sir, thanks for your help and i got the correct answer. its3/2 years