Question

find the amount and CI when a sum of Rupees 15000 invested for one year 10% per annum compounded semi annually.​

Answer 1

P = 15000

R = 10%

T = 1 year

$A = P(1 + \frac{R}{200})^T^*^2\\\\A = 15000(1 + \frac{10}{200})^1^*^2\\\\A = 15000(\frac{210}{200})^2\\\\A = 15000 * 210/200 * 210/200\\\\A = 15000 * 441/400 = 16537.5\\\\CI = A - P = Rs.(16537.5 - 15000) = Rs.1537.5$ (Answer)

Answer 2

Answer:

$total \: amount \: = 15000(1 + \frac{5}{100} )^{2} \\ = 15000 \times \frac{21}{20} \times \frac{21}{20} \\ = 16537.50$

Step-by-step explanation:

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