Find the CI of rupees 10000 for 3 year 8% per annum.
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Step-by-step explanation:
=> C.I = P(1+R/100)^n
=> C.I = 1000(1+10/100)^3
=> C.I = 1000(110/100)^3
=> C.I = 1000 (11/10)^3
=> C.I = Rs (1000 x 11/10 x 11/10 x 11/10)
=> C.I =Rs 1331
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