Question

find compound interest and amount if principal rupees 8000 time 1 years and rate
of interest 10% per annum​

Answer 1

Answer:

Principal (p) = Rs 8000

Rate (r) = 10 % per annum = 10/2% = 5%(half yearly)

Time (t) = 1 ½ years = (3/2) × 2 = 3 half years

By using the formula,

A = P (1 + R/100) n

= 8000 (1 + 5/100)3

= 8000 (105/100)3

= Rs 9261

∴ CI = Rs 9261 – 8000

Step-by-step explanation:

hope this helps