The compound interest on ₹ 5,000 for 3 years at 10% p.

Here , Compound Interest ( CI ) = ? , P = ₹ 5,000 , Rate ( R ) = 10% , Time = 3 years

C.I. = P			1 +	R		^T	− 1
				100

C.I. = 5000			1 +	10		³	− 1
				100

C.I. = 5000			11		³	− 1
			10

C.I. = 5000		1331		− 1
		1000

C.I. = 5000		1331 - 1000
		1000

C.I. =	5000 × 331	= ₹ 1655
	1000