In what time will Rs. 1000 amount to Rs. 1331 at 10% per annum, compound interest?
Given,
Principal = Rs.1000
Amount = Rs. 1331
Rate = 10% p.a
Let time = T years
So,
A = 
= 
= 
= T = 3 years
Hence,
Time = 3 years
11
In what time will Rs. 1000 amount to Rs. 1331 at 10% per annum, compound interest?
Given,
Principal = Rs.1000
Amount = Rs. 1331
Rate = 10% p.a
Let time = T years
So,
A =
=
=
= T = 3 years
Hence,
Time = 3 years