Question

if the compound interest on a certain sum for 3 years at 10% per annum be 331. What would be the simple interest

Answer 1

Answer:

Step-by-step explanation:

331+P= P×11×11×11/10×10×10

331= 1131P/1000 - P

P(1331/1000 -1) = 331

P= 331×1000/331 = ₹1000

Answer 2

Answer:

Rs. 300

Step-by-step explanation:

Plese refer below Image