Question

compound interest on Rs 12,000 for 1 1/2 at 10% per annum compound half-yearly​

Answer 1

Answer:

Step-by-step explanation:

prinicipal=12000     rate=10/2=5%         time=1 1/2=3/2*2=3 half years

a=p(1+r%)power to no of years

=12000(1+5/100)3

=12000(105/100)3

=12000 * 105/100 * 105/100 * 105/100

=6 * 21 * 105 * 105/100

=126 * 11025/100

=1389150/100

=13891.50 ruppees

CI=A-P

=13891.5 - 12000

=1891.5

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