calculate the amount and. compound interest on rs 20000 for 1 year at 10% per annum compound half yearly
Answers
Answered by
0
divide 20000 by 2 and multiple by 10/100 you will get your answer
Answered by
4
Step-by-step explanation:
Principal (P) = ₹ 20,000
Time (t) = 1 year
Rate (r) = 10%
Amount = P × (1 + (r/2 × 100)) n × 2
₹ 20,000 × (1 + (10/200) 1 × 2
₹ 20,000 × (210/200)2
₹ 20,000 × 21/20 × 21/20
= ₹ 22,050
C.I. Amount – Principal
₹ 22,050 - ₹20,000
Rs. 2050
Similar questions