Question

2. Find the amount and compound interest on 10000 for 2 years at 20% per annum, the
is compounded half yearly.










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Answer 1

Answer:

Total amount = 22809.6

Compound Interest = 12809.6

Answer 2

Answer:

C.A. = Rs. 14641 and C.I. = Rs. 4641

Step-by-step explanation:

Here,

P=Rs. 10000

T= 2yrs

R= 20%

Now,

C.A. = P(1+R/200)^2T

=10000(1+ 20/200)^2*2

=10000(1+0.1)⁴

=10000(1.1)⁴

=10000 × 1.4641

=Rs. 14641

And,

C.I. = C.A. - P

= Rs. 14641 - Rs. 10000

= Rs. 4641