Question

compound interest on a sum of rs 15000 at the rate of 10% of 2 years compounded half yearly​

Answer 1

Answer:

Step-by-step explanation:

A=P(1+  

100

r

​  

)  

n

=15000(1+  

100

10

​  

)  

2

=Rs18150

CI=A−P=Rs3150

Answer 2

Answer:

When Interest is compounded half-yearly,

Principal=15000

Rate=10%=10/2=5%p.a.

Time=2 years=2*2=4 years

Amount=P(1+R/100)^T

=15000(1+5/100)^4

=15000*105/100*105/100*105/100*105/100

=₹18232.59

Hence, amount is ₹18232.59

Now, compound Interest = amount - principal

                                          = ₹18232.59-₹15000

                                          =₹3232.59

Hence, compound interest compounded half-yearly is ₹3232.59.

Step-by-step explanation:

Hope it helped u dear frnd...