Question

Find the amount and C.I on Rs 16000 for 1 year 6 month at 10% p.a compounded half yearly.

Answer 1

Answer:

2480

Step-by-step explanation:

I I think it's correct see that attachment

Answer 2

Answer:

Amount will be Rs. 18522 and CI will be Rs.2522

Step-by-step explanation:

P= Rs.16000

R= 10% p.a = 5% half yearly

T= 1 year 6 month = 3 half

A= P(1+R/100)^T

= 16000(1+ 5/100)^3

=Rs. 18522

CI= A-P

=Rs. 2522