Question

Find amount and compound intrest for rupees 5000 for 1 year at the rate of 8% compounded half yearly

Answer 1

A=P(1+R/2*100)2n
1st half =5000(1+8/200)2*1/2
=5000*208/200
=25*208
=5200
2nd half=P(1+R/2*100)2n
=5200(8/200)2*1/2
= 5200*208/200
=26*208
=5408
CI= A-P
=5408-5000
=408 ans
Hope it helps..