Question

find ci on rs 24000 compounded 1/2 yearly for 1 1/2 years at the rate of 10%

Answer 1

P = Rs. 24000
R = 10/2 = 5% per half annum
T = 1 1/2 year = 3/2 year = 3/2×2 = 3 half year

$amount \: = principle \: (1 + \frac{rate}{100} )$ raced to power time