Question

•°•°.☆Compound Interest☆.°•°•

what sum invested for
$1 \times \frac{1}{2}$
year compound half yearly at 4% per annum which amount to rupees 265302 ?

Thanks❤​

Answer 1

Answer:

500000....................

Answer 2

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What sum invested for $1 \times \frac{1}{2}$ year compound half yearly at 4% per annum which amount to rupees 265302?

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$\boxed{\red{\bold{Given \ data:}}}$

$Compound \ amount = 265302$

$Time = \displaystyle \frac{3}{2} years = 18 \ months = 3 half years$

$Rate \ of \ interest = 4 \ yearly= 2 \: half-yearly$

$Principle = ?(to \ be \ calculated)$

$\boxed{\red{\bold{By \ formula:}}}$

$CA = P \left( 1+ \displaystyle \frac{R}{100} \right)^n$

$265302 = P \left( 1+ \displaystyle \frac{2}{100} \right)^3$

$265302 = P \left( \displaystyle \frac{51}{50} \right)^3$

$P = 265302 × \displaystyle \frac{50}{51} × \frac{50}{51} × \frac{50}{51}$

$P = 250000$

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