A man lends rs 50000 at compound interest at 8% per annum. if the interest is reckoned half-yearly. what amount will he receive at the end of 2 years. find also the compound interest he receive s.
Answers
Answered by
6
A=P(1+r/200) raised to 2
A=50000(1+8/200)^2
A=50000(1+1/25)^2
A=50000*26/25*26/25
A=25000*26*26/25
A=1000*26*26
A=1000*676
A=676000
CI=A-P
CI=676000 - 50000
CI=626000 rupees
A=50000(1+8/200)^2
A=50000(1+1/25)^2
A=50000*26/25*26/25
A=25000*26*26/25
A=1000*26*26
A=1000*676
A=676000
CI=A-P
CI=676000 - 50000
CI=626000 rupees
Isfarahamed:
Thank u but this is wrong ans.
book back and is Rs 58492.92 , Rs 8492.92
ans
I don't know how
Oh sorry
no problem Thank you friend.
Answered by
1
Step-by-step explanation:
wrong answer
if u want to solve it then use half yearly method
that is
multiply time by 2 then u get 4 year
n divide rate of interest by 2 n u get 4%
now calculate amount u get correct answer
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