Find the difference between CI and SI on ₹10,000 at 10% per annum for 3 years.
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Answered by
6
Answer:310
Step-by-step explanation:A=P(1+R/100)^n
A=10000(1+10/100)^3
A=10000(1+1/10)^3
A=10000(11/10)^3
A=10000*11/10*11/10*11/10
A=13310
CI=A-P
CI=13310-10000
CI=3310
SI=PRT/100
SI=10000*10/100*3
SI=3000
CI-SI
=3310-3000
=310
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