Question

answer for amount and compound interest on rs.10,000in 3 years at 10% per annum​

Answer 1

Answer:

principal= 10000

Rate = 10%

Time = 3 years

Here n= 3 ,no. of years

Therefore, A = P(1+ r/100)n

A = 10000(1+10/100)3

A = 10000(1+0.1)3

A= 10000 ( 1.1) 3

A= 10000 (1.331)

A= 13310.000

so, A= 13310