Math, asked by rinkukhurana197, 6 months ago

Find compound interest on Rs. 1000 for 6 months at 12% per annum compounded half yearly.

Answers

Answered by debimukh
26

Answer:

₹60

Step-by-step explanation:

A = P( 1 + R/100 ) exponent t

Now, rate = 12/2 = 6 %

Time = 1/2 × 2 = 1

Therefore, Amount = 1000 ( 1 + 6/100 ) ¹

= 1000 × 106/100

= 1060.

Compound Interest = 1060 - 1000 = 60.

Answer = ₹60.

If you like my answer,mark me the brainliest and follow me.

Answered by aas29singh
3

Answer:

₹60

Step-by-step explanation:

A = P( 1 + R/100 ) exponent t

Now, rate = 12/2 = 6 %

Time = 1/2 × 2 = 1

Therefore, Amount = 1000 ( 1 + 6/100 ) ¹

= 1000 × 106/100

= 1060.

Compound Interest = 1060 - 1000 = 60.

Answer = ₹60.

Step-by-step explanation:

Similar questions