Question

Pin this please answer my question i will make you a brainlist .....​

Answer 1

Answer:

• 10%

Step-by-step explanation:

Given:

• Borrowed amount P = Rs 100000
• Time t = 3 years
• Number of compounds n = 3
• Interest I = Rs 33100
• Rate r = ?

Use formula:

• I = P(1 + r)³ - P

Substitute values and solve for r:

• 33100 = 100000(1 + r)³ - 100000
• 133100 = 100000(1 + r)³
• (1 + r)³ = 133100/100000
• (1 + r)³ = 1.331
• 1 + r = ∛1.331
• 1 + r = 1.1
• r = 0.1  or 10%