What would be the compound interest on a sum of 1000 at 10% per year after 3 years?

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Solution

The correct option is C 331For compound interest, Amount A=P×(1+R100)nA=1000×(1+10100)3A=1000×(1.1)3 A=1000×1.331=1331 Compound Interest C.I.=A−P C.I.=1331−1000C.I.=₹331

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Textbooks

Question Papers

What is the compound interest on 1000 for 2 years at 10% per annum?

The correct option is C 210 Calculate the compound interest (in ₹) on ₹1,000 in 2 years at 10% per annum. Q.

What would be the compound interest increase in on a sum of 1000 at 10% per year after 3 years?

Hence, we conclude that the compound interest is 210.

What is the compound interest on 10000 at 5% for 3 years?

The answer is 1576.25!!

What would be the compound interest increase on sum of 1000 at 10?

=1157. 63−1000= 157.