Find the amount and compund interest if principle is 1000 r =10% time =3
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Step-by-step explanation:
P = 1000/-
T = 3 years
R = 10 percent
A= P(1+R/100)^n
A= 1000(1+10/100)^3
A= 1000 × 11/10 × 11/10 × 11/10
A = 1331/-
CI = A-P
CI = 1331 - 1000
CI = 331 rupees
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