Find the amount and the compound interest on ₹ 10,000 in 3 years, if the rates of interest for the successive years are 10%, 15% and 20% respectively.
Simple Interest
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Question

Find the amount and the compound interest on ₹ 10,000 in 3 years, if the rates of interest for the successive years are 10%, 15% and 20% respectively.

KnowledgeBoat · Accepted Answer

Given: P = ₹ 10,000 T = 3 years R₁ = 10% R₂ = 15% R₃ = 20% As we know, Hence, the amount = ₹ 15,180 and the compound interest = ₹ 5,180.

Mathematics

Find the amount and the compound interest on ₹ 10,000 in 3 years, if the rates of interest for the successive years are 10%, 15% and 20% respectively.

Simple Interest

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