At what rate percent per annum compounded annually will a sum of ₹1000 amount to₹1331 in 3 years
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5
Answer:
simple interest =amount-principle
=rupees 1331-rupees1000
=rupees 331
rate=s.i*100%P*T
331*100%1000*3
33100%3000
=11.33P/annum
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