Solve the above problem in step by step
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Answer:
RS 1297 and 66 PAISE
Step-by-step explanation:
Given. P= 500. r= 10%
A= P(1+10/100)^10
= 500×(11/10)^10
= (5×100×11^5×11^5)/ (100×10^8)
= 5× 161051×161051 / 10^8
= 5× 16.1051×16.1051. (divided by10⁴ each)
= 5× 16.11× 16.11
= 1297.66 approximately
rupees 1297 and 66 paise
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