Question

In How many years, a sum of Rs.1000
compounded annually @ 10% will amount to
1331?​

Answer 1

Answer:

p=1000;r=10%;a=1331

a=p(1+r/100)n

1331=1000(1+10/100)n

1331/1000=(11/10)n

(11)3/(10)3=(11/10)n

(11/10)3=(11/10)n

so n =3 yrs

Step-by-step explanation:

hope it helps