Question

Calculate the Compound interest on rupees 5000, R = 20% p. a. for 6 months compounded quarterly.​

Answer 1

Answer:

512.5

Step-by-step explanation:

(C.I.), A = P (1 + r/100)t

When calculating quarterly, rate gets divided by 4 and time gets multiplied by 4

so r =20/4=5 t =1/2 x 4=2

A = 5000 (1+5/100)²

=5000(21/20)²

= 5512.5

interest= A-P = 5512.5-5000=512.5

Answer 2

Answer:

Rs 512.5

Step-by-step explanation:

5000×(2/10)×3/12=250 rs

5250×(2/10,×3/12=262.5 rs

262.5+250=512.5 rs