Calculate the amount and the compound interest on Rs. 4000 for 2 years at 10% per annum, if the interest is payable half-yearly.
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Answered by
1
Step-by-step explanation:
⇒A=4(1021×10210×102100)=4(10612081000)=4244.832 Rs. So the compound interest is, C.I = A – P = 4244.832 – 4000 = 244.832 Rs. So this is the required answer.
Answered by
3
Answer:
SI = p×r×t÷100
p=4000
r=10%
t=2 years
= 4000×10×2÷100
SI = ₹800
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