can anyone solve this
I will mark you as brilliant
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Answered by
0
Answer:
D
Step-by-step explanation:
(8/100)*10000=800=CI
therefore amount= 10000+800=10800
Answered by
4
Given:-
- Principal (P) = 10000
- Time (n) = 1 year
- Rate (R) = 8%
To find:-
- Amount. (When compounded half-yearly)
- Compound Interest.
Solution:-
We know,
=
=
=
=
=
Therefore,
Amount = Rs.10816
Now,
=
=
Therefore,
Compound Interest (CI) = Rs.816
Therefore,
Option (a) is the correct answer.
______________________________________
Formulas To be kept in Mind:-
Use:-
When the principal is compounded annually.
Use:-
When the principal is compounded quarterly.
______________________________________
Here (In this question):-
Formula,
is used because the principal is compounded half-yearly.
______________________________________
Note:-
Time is also denoted by t.
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