Question

find out compound interest on rs 250000 at the rate of 10%per annum for 5years​

Answer 1

Answer:

ANSWER

Rate=8%

T=

2

3

years

Principle=1000Rupeescompoundedhalfyears.

⇒∴Rate=

2

8

=4%

⇒Time=

2

3

×2years=3years

⇒C.I=P[H

100

R

]

t

⇒C.I=1000[1+

100

4

]

3

Compoundinterest=1000×

100×100×100

104×104×104

=1124.864Rupees