## find the compound interest of rs 5000 at 10% per annum for 3 years

Question

find the compound interest of rs 5000 at 10% per annum for 3 years

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Mathematics
3 months
2021-07-24T11:17:01+00:00
2021-07-24T11:17:01+00:00 2 Answers
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## Answers ( )

Answer:1655 Rs. Hence option [D] is correct answer.

## ANSWER :

## formula ( P×R×N) / 100

## Now; p(1+R/100) ñ -1

## 5000 {(1+10/100) ³ -1 }

## 5000{(11/10)³-1 }

## cl= 5000×331/1000 = 1655

## Answer is 1655.

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## Thankyou…

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