Question

Find the amount and the compound
interest at the rate of 10% per annum
for 1.5 years on a sum of 8000 when
compounded annually​

Answer 1

Answer:

SOLUTION:-

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Given:

Principal,[P]= Rs.8000

Rate,[R]= 10% p.a.

Time,[n]= 1.5 years

To find:

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The amount & compound Interest.

Explanation:

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The Interest is compound quarterly: 4 months

So,

We know, Compound Interest:

C.I.= Amount- Principal

&

Therefore,

Now,

C.I.= Rs.8834.08 - Rs.8000

C.I.= Rs.834.08

:)

Answer 2

Hi

Here is what you need

Given-

Rate=10%p.a.

Time-1.5yrs

Amount-P(1+r/100)^n

Applying Formula

8000(1+10/100)^1.5

8000(11/10)^1.5

First we will take out for 1 year

Therefore n=1

8000*11/10

=8800 Amount for 1st year

For remaining 0.5 years

Amount= PRT/100

Principal=8800 as now interest will be on 1st years amount

8800*10*0.5/100=440

Total amount=8800+440

=9240

Compound Interest= 9240-8000

Rupees-1240

Hope it helps

If it does then pls mark as brainliest

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