Mr.Dubey borrows 100000 from a bank at 10% per annum compound interest.what amount will he have to pay to the bank after 3 years?
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Answer:
s.i = principal × rate × time / 100
p= 100000 ,R=10%,t= 3 years
s.i = 100000 × 10 × 3 ÷ 100
" = 3000000 ÷ 100
" = rs 30000
total amount = rs 130000
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