Question

Divakaran deposited a sum of rs6250 in aalahabad bank for 1year compound half year at 8%per aanum.Find the compound interest he gets.

Answer 1

Solution :

P = 6250

n = 1

r = 8% compounded 1/2 yearly

so

A = 6250 ( 1 + $\frac{8}{200}$)²

A = 6250 * (1.04)²

A =  6760

so the amount he gets after an year will be rs 6760

hope that helps !!

Answer 2

$\boxed{\bold{HopeItMayHelpYou}}$