ICSE Class 9 Answered
AT WHAT RATE PER CENT ANNUM WILL 3000 AMOUNT TO 3993 IN 3 YEARS , THE INTEREST BEING COMPOUNDED ANNUALLY . FIND THE RATE CENT ANNUM.
Asked by sayantikasingh3318.9sdatl | 24 May, 2020, 03:25: PM
Expert Answer
Let the rate of interest be x% years
Amount = Rs. 3993, Principal = 3000 and Time = 3 years
Hence, the rate of interest is 10%.
Answered by Renu Varma | 24 May, 2020, 06:50: PM
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