P = rupees 100, T= 3 years, R = 10% Compound interest (compounded yearly)
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Answer:
Amount is Rs. 133.1
Compound interest is Rs. 33.1
Step-by-step explanation:
A = P(1+R/100)^n
= 100(1+10/100)^3
= 100*(11/10)^3
= 133.1
CI = 133.1-100
= 33.1
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