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Calculate the amount and compound interest if:
PRINCIPAL : ₹1000
RATE:10% p. a.
TIME: 3 years
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Answered by
5
The sum of Rs. 1000 after 3 years at CI at 10 % will become 1331. Now as per the question, 1728 became 1331 after 3 years of depreciation at a certain unknown rate. So this entirey becomes a new question.
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Answered by
3
Answer:
Principal : Rs. 1000
Rate : 10%p.a.
Time : 3years
To find:
Amount and compound interest ...
Amount : P (1+r100)^T
Amount : 1000(100+10/100)³
Amount : 1000(110/100)³
Amount : 1000×110/100×110/100×110/100
Amount : Rs. 4436666.67
Compound interest = A - P
= Rs. 4435666.67
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