Question

rs.10,000 for 3 years at 10% per annum compounded annually​

Answer 1

Answer:

Rs-3310

Step-by-step explanation:

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Answer 2

Answer:

Given:

• P = ₹ 10,000

• R = 10%

• T = 3 years

Amount = Principal ( 1 + R/100 )ⁿ

S.I = 10000 × 10 × 1 / 100

= 1000

Second.P = P + S.I

= 11000

P = ₹ 11000

R = 10%

T = 1

S.I = 11000 × 10 × 1/100

= 1100

Third.P = 11000 + 1100

= 12100

P = ₹ 12100

R = 10%

T = 1

S.I = 12100 × 10 × 1/100

= 1210

Amt. = 12100 + 1210

= 13310

Now, as we know that compound Interest;

→ C.I. = Amount - Principal

→ C.I. = Rs.13310 - Rs.10000

→ C.I. = Rs.3310

Therefore, Compound Interest = ₹ 3310

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Hope it helps you!!

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