Math, asked by ravisingh2195, 1 year ago

Find the compound interest on ₹90,000 for 3 years at the rate of 10% per annum compounded annually.​

Answers

Answered by arun135094
23

Step-by-step explanation:

Given

Principal Amount (P)= ₹90000 Interest rate (r) = 10%

No. of Years (n) = 3

So, the Compound Interest is

= P×(1+r/100)^n

= 90000 (1+10/100)^3

= 90000 (110/100)^3

=90000 (110×110×110/100×100×100)

=90(11×11×11)

=₹119790

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