Question

ajay deposited 10000 rupees in a bank which compounds interest half-yearly at 10% annual rate.how much would he get back after 1 1/2 years?​

Answer 1

Step-by-step explanation:

SOLUTION

Let after x years, the ratio of their ages will become 5 : 4.

Age of Anil after x years = (14 + x) years

Age of Sunil after x years = (10 + x) years

So,

14 + x/10 + x

=> 5/4

=> 56 + 4x = 50 + 5x

=> 5x - 4x = 56 - 50

=> x = 6

Thus,

the ratio of their ages will become 5 : 4 after 6 years.

Answer 2

$Principle amount=10,000 Time=1.5 years= 3 half years Interest rate=10% per year=5% per half year </p><p></p><p> </p><p></p><p>A=11576 Rs</p><p></p><p>$