Question

in what time will Rs 1000 amount to Rs 1131 at 10% p.a C.I

Answer 1

amount =Rs.1131
rate = 10%
Principal =Rs.1000
amount =p(1+r/100)t
1131= 1000(1+10/100)t
1131/1000 cubic.unit =11/10t
time =3years