Question

Some amount of money is Rs. 13300 at 10% compound interest rate in 3 years, determine the capital​

Answer 1

Answer:

Let the capital is :-?

Principal:- 13300

Rate of interest:- 10%

Time :- 3 years

Formula for compound interest

$p(1 + \frac{r}{100} ) ^{n}$

principal:- (p)

rate of interest:- (r)

number of year:- (n)

Substuting the values in equation:- we get..

$13300(1 + \frac{10}{100})^{3}$

$13300(\frac{110}{100} )$

$133(110)$

Interest : ₹14630

Amount to be paid is :-

Amount = Interest + Principal

Amount = 14630 + 13300

Amount = ₹27,930/-

Mark me as Brainliest