find the amount and compound interest on rupees 10000 at 10% per annum for 3 years compounded annually
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Answer:
A=P(1+R/100)^Time
=10000(1+10/100)^3
=10000(1+1/10)^3
=10000(11/10)^3
=10000×11/10×11/10×11/10
=10000×1331/1000
=10×1331
=13310
Ans=Amount is 13310
C.I=A-P
=13310-10000
=3310
Ans=C.I is 3310
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