find the compound intrest on rs 10000 for 3years at the rate of 10%
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Answer:
1000×3×10/100=300
300 is ur answer so mark me as brainlist please
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Step-by-step explanation:
PRINCIPAL =RS10000
TIME=3YEARS
RATE=10%
Principal for the first year=rs 10000
Interest for the first year= Rs (10000×10×1/100) =rs 1000
amount at the end of first year = rs (10000+1000) = rs 11000
Principal for the second year =rs 11000
interest for second year = rs (11000×10×1/100) =rs 1100
amount at the end of second year= rs (11000+1100)=rs12100
Principal for the third year=rs 12100
interest for third year=rs (12100×10×1)=rs1210
amount at the end of third year =(12100+1210)=rs13310
Therefore, the Amount is Rs13310
Compound Interest = (amount - Principal) = (13310-10000) = rs 3310
HOPE IT HELPS YOU
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