answer this with explanation I'll mark brainlist to one who's answer is correct answer fast
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Step-by-step explanation:
Given that, principal(P) = Rs 1,00,000. Rate of interest(R) = 10% compounded half yearly.
⇒ We have, Compound interest = Amount - Principal
(i) (∵ n = 1 for 6 months)
= Rs.1,05,000
⇒∵ Compound interest = A - P
⇒ Interest for 6 months = 105000 - 100000
= Rs. 5,000
(ii)Amount after 6 months = Rs.1,05,000 (calculated above)
(iii)For this, P = Amount after 6 months = Rs.1,05,000
⇒ (∵ n = 1 for 6 months)
= Rs.1,10,250
⇒∵ Compound interest = A - P
⇒ Interest for next 6 months = 110250 - 105000
= Rs. 5,250
(iv) Amount after one year = Rs.1,10,250 (calculated above)
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