Question

rohit invested Rs 10000 for 3 years at the rate of compound interest of 10%.find the amount abtained by him after 3 years ​

Answer 1

Answer:

Amount obtained by him after 3 years= Rs. 13,310

Step-by-step explanation:

Principal= Rs 10,000

Rate of Interest= 10%

Time= 3 years

Amount=P×(1+R/100)^n

= 10,000×(1+10/100)³

=10,000×(1+1/10)³

=10,000×(11/10)³

=10,000×1331/1000

=Rs. 13,310

Amount obtained by him after 3 years= Rs. 13,310

Hope It Helps