Question

At what rtw precent ammom will rs 1000 amouny at rs 1331 in 3 year thr intrest is conpounded yearlu

Answer 1

$r = \frac{1331 \: \times 100}{1000 \: \times \: 3}$

$\frac{1331}{10 \times 3}$

$\frac{133.1}{3}$

$44 \frac{1.1}{3} \%$