Question

7. Find the compound interest on Rs.1000 at 10% per annum for 6 months compounded semi-
annually.

Answer 1

Answer:

5

Step-by-step explanation:

100 x 10 x 6

      100 x 12

100 and 100 will cut and 6/12 is 1/2

1 x 10 x 1

1 x 2

now 10/2 will get 5/1

now 1x5x1 = 5