Question

find amount on rupees 4000 at 10% per annum for 3 years compounded annually​

Answer 1

Answer:

1200 rupees

Step-by-step explanation:

4000 * 10% = 400

3 * 400 = 1200

Answer 2

Given,

P= 4000

R= 10%

T= 3 yrs

$a = p(1 + \frac{r}{100} ) {}^{3}$

$\: \: = 4000(1 + \frac{10}{100}) {}^{3}$

$\: \: = 4000( \frac{11}{10} ) {}^{3}$

$\: \: = 4000 \times \frac{1331}{1000}$

$\: \: = 4 \times 1331$

$\: \: = 5324$