calacute the interest on rs 8000at 10% per annum compounded halfyearly for 1year 6months
Answers
Answered by
1
Step-by-step explanation:
Principle =8000rs.
rate p.a.=10 percent
rate of compound interest is compounded half yearly =10/2=5
time =1 year =2 half years
interest p(1+ r/100)^2
802 rs
amount = P+C.I
8802 RS.
Answered by
1
Here,
P= Rs 8000
R= 10%
T= 1+6/12 yrs= 3/2 yrs
Now,
SCI = P[{1+(R/200)^2XT}-1]
= 8000X [{1+(10/200)^2X 3/2}-1]
= Rs.1261
P= Rs 8000
R= 10%
T= 1+6/12 yrs= 3/2 yrs
Now,
SCI = P[{1+(R/200)^2XT}-1]
= 8000X [{1+(10/200)^2X 3/2}-1]
= Rs.1261
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