solve the question without using the formula of compound interest
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Given=P=3000rs
R=10%
N=3
To find =Amount & compound interest
Solution=we know the formula of amount
A=P*[1+R/100]³
=3000*110/100³
=1331*3
=3993
therefore amount=3993
&
compound interest=3993-3000
=993
Hope that it may help you
R=10%
N=3
To find =Amount & compound interest
Solution=we know the formula of amount
A=P*[1+R/100]³
=3000*110/100³
=1331*3
=3993
therefore amount=3993
&
compound interest=3993-3000
=993
Hope that it may help you
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