Question

Find the amount and the compound interest on ₹10,000 in 3 years if the rates of intrest for the succesive years are 10% ,15%, and 20% respectively.

Answer 1

present population = p(1+r/100)(1+r/100)(1+r/100)

This is the formula of finding the right answer of this que.

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Answer 2

amount - 10,000 ( 1 plus 10/100)(1plus 15/100) (1 plus 20/100) then, amount -151800/100000 -- 1.518