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What will be the amount if sum Of ruppes 10 lakh is invested at compound interest for 3year with rate Of interest 11%,12%,13% respectively

Posted by Bipul Kumar 6 years, 11 months ago

CBSE > Class 08 > Mathematics

1 answers

Diwakar Verma 6 years, 11 months ago

P=1000000,R1%=11,R2%=12,R3%=13,t=3 yrs Amount=P(1+R1%)(1+R2%)(1+R3%) =1000000(1+11/100)(1+12/100)(1+13/100) =1000000*111/100*112/100*113/100 =111*112*113 =₹1404816

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CBSE > Class 08 > Mathematics