1. Find the compound interest on ₹ 90,000/- for 3 years at the rate of 10% per annum compounded

annually.​

1. Find the compound interest on ₹ 90,000/- for 3 years at the rate of 10% per annum compounded

annually.​

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Samantha

1 thought on “1. Find the compound interest on ₹ 90,000/- for 3 years at the rate of 10% per annum compounded <br /><br /> annually.​”

  1. Answer:

    29790

    Step-by-step explanation:

    A = P ( 1 + R / 100 ) ^3

    A = 90000 ( 1 + 10 / 100 ) ^3

    A = 90000 ( 11 + 10 ) ^3

    A = 90000 ( 11 + 10 ) ( 11 + 10 ) ( 11 + 10 )

    A = 119790

    CI = A – P

    CI = 119790 – 90000

    = 29790

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