1. Raviraj invested an amount of Rs.10,000 at compound interest rate of 10 p.e.p.a. For a period of three years. How much amount will Raviraj et after three years ?
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By: anil on 05 May 2019 02.22 am
Principal sum = Rs. 10,000 Rate of interest = 10% and time period = 3 years Amount after compound interest = $$P(1+frac{r}{100})^T$$ = $$10,000(1+frac{10}{100})^3$$ = $$10,000 imes(frac{11}{10})^3$$ = $$10 imes1331=Rs.$$ $$13,310$$ => Ans - (A)
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