Question

Find amount and compound interest on 10000 rupees for 1 half years at 10 percentper annum half yearly also find simple interest and for same

Answer 1

p=Rs 10000
r=10% p.a.half yearly
=10/100×1/2
=5/100 = 5% p.a yearly
time=1/2 years
S.I = p×r×t/100
=10000×5×1/100×100×2
=5/2
=2.5
Amount= p + SI
=10000+2.5
=10002.5RS