Question

Calculate the around and compound interest on rupees 25000 for 2 years @ 12% a compunded half yearly.​

Answer 1

Answer:

$\red { Compound \: Interest}\green {= Rs \:6571.92 }$

Step-by-step explanation:

$Principal (P) = Rs \: 25000$

$Time (T) = 2 \: years$

$Rate \: of \: Interest (r) = 12 \% \: per \: annum$

$= \frac{12}{2}\% = 6\% \: half \: yearly$

$Number \: of \: times \: Interest \:paid (n) = 4$

$\boxed {\pink { Amount (A) = P\left( 1 + \frac{r}{100}\right)^{n} }}$

$= 25000\left( 1+\frac{6}{100}\right)^{4} \\= 25000 \times (1+0.06)^{4}\\= 25000 \times 1.06\times 1.06 \times 1.06 \times 1.06 \\= Rs\: 31561.92$

$Compound \: Interest = A - P \\= 31571.92 - 25000 \\= Rs \:6561.92$

Therefore.,

$\red { Compound \: Interest}\green {= Rs \:6571.92 }$

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Answer 2

Answer:

Refer to attachment mate :-)