Question

₹10000 पर 1 वर्ष के लिए 8% दर से चक्रवर्ती ब्याज ज्ञात कीजिए यदि ब्याज अदवार्षिक रूप से सुनियोजित होता हो​

Answer 1

Calculate the amount and compound interest on Rs 10,000 for 1 year at 8% per annum compounded half yearly.

Solution:

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+(4/100)}^2 = Rs. 10816

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