Question

` 10,000 for 1 year at 8% per annum compounded half yearly what is the compound interest and amount

Answer 1

Answer:

Step-by-step explanation:

Given,

Principal, P =Rs.10000,  Rate, R = 8% per annum compounded half yearly for 1 year.  

Now, There are two half years in a year. Therefore compounding has to be 2 times.  

And rate = half of 10% = 5% half yearly.

Therefore, the required amount = 10000(1+\frac{4}{100})^{2}  = Rs. 10816

And Compound Interest, C.I. = Amount - Principal = Rs. (10816 - 10000) = Rs. 816.

Answer 2

Answer:

816

Step-by-step explanation:

grammar class hai kya hua hai kya hua hai kya kya hal