A man invests ₹ 3000 for three years at compound interest. After on – InterviewSolution

1.	A man invests ₹ 3000 for three years at compound interest. After one year, the money amounts to ₹ 3240. Find the rate of interest and the amount (approximated to the nearest rupee) at the end of 3 years.
Answer» A man invests ₹ 3000 for three years at compound interest. After one year, the money amounts to ₹ 3240. Find the rate of interest and the amount (approximated to the nearest rupee) at the end of 3 years.

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