Answer:
3 years
Step-by-step explanation:
P= Rs 46875
R= 4 Pisa per rupee per year = 4% per annum
C. I = Rs 5853
t= time (the unknown)
Given;
Amount= P(1 + R/100)^t
Amount = (P + CI)
(46875 + 5853) = 46875 (1 + 4/100)^t
1.124864 = (1 + 4/100)^ t
1.124864 = (1.04)^t
t= 3 years