What principle will amount to RS 1331 at the rate of 10 % C.I at the end of 3 years
Answers
Answered by
2
Answer:
Rs.1000
Step-by-step explanation:
Let the Principal be P.
Amount (A) = Rs.1331
Rate (R) = 10%
Time (n) = 3 years
A = P (1 + R/100)ⁿ
=> 1331 = P (1 + 10/100)³
=> 1331 = P (11/10)³
=> 1331 × 1000/1331 = P
=> P = Rs.1000
Answered by
1
₹1000 is the right answer
hope it helps you
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