Question

Find the amount and the compound interest on Rs. 10,000 at 8 percent per annum and in 1 year; interest being compound half- year.​

Answer 1

Answer:

10000(1+4/200)²

10000(1+1/50)²

10000×51/50×51/50

a=10404

ci=404

Answer 2

Answer:

10800

1. C.I=P( (1+r/100)n-1)
2. 10000( (1+8/100)1-1)
3. 10000( (1+2/25)1-1)
4. 10000(27 /25)1-1)
5. 10000*27 /25
6. 400*27
7. 10800

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