Pratap 10000 from a bank @ 10% per annum simple interest and send it to gaurav @ 10% per annum compound interest what will be his gain after 3 years
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SI= 10000×10×3 by 100= 3000
A= 10000(1+10\100)^3= 13310
CI= 13310-10000= 3310
Gain= 3310-3000= 310
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