Question

comparing quantities:
Q) Find the compound interest on ₹8000 at 9% per annum compounded half yearly ?​

Answer 1

Answer:

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Answer 2

$\Huge\rm\red{Solution:-}$

$\begin{gathered}Amount=Principal(1+\frac{Rate}{100})^{Time} \\ Amount=8000(1+\frac{9}{200})^{2} \\ Amount =8736.20 \\ Compound\: Interest = Amount - Principal =8736.20−8000=Rs.736.20\end{gathered}$