Question

Find the amount and compound interest on Rs 13500 for 2 years 6 month at 10 percent per annum compounded annually

Answer 1

P (100%) = 15000, Rate = 10% per anum (convert this for half year = 5%)
Time = 2 half years
CI for 2 half years = 5 + 5 + 25/100 = 10.25% (CI for 1 year compounded half yearly)
Amount = P + CI = 100 + 10.25 = 110.25%
Here P is 100% = 15000
Find Amount, 110.25% = ?
Amount = 110.25 * 15000/100 = 16537.50

15000 hoga naki 13500

Answer 2

(13500 into2 into10by 100) /100
equal to the 17
(13500 into half into 10 by 100)/100
equal to the 6.75
17+6.75 equal to 33.75