Question

Shyam deposits rupees 4600 in a bank at a simple interest of 10% for 3 years if he had deposited the same for compound interest how much more interest could he have earned

Answer 1

4600(1+r/100)n
4600(1+10/100)3
4600×11/10×11/10×11/10
82566answer

Answer 2

so, he would earn 142.6 rs. more interest.