Question

. A man invests ₹ 10,000 for three years at a certain rate of interest, compounded annually. At the end of one year it amounts to ₹ 10,600. Calculate:
(i) the rate of interest per annum
(ii) the interest accrued in the second year.
(iii) the amount at the end of the third year.

Answer 1

♤first answer in first attachment

♤second answer in second attachment

♤third answer in third attachment