Question

Find the amount and the compound interest on rs 10000

Answer 1

Answer:

Explanation:

C.I. = A − P. = Rs 11576.25 − Rs 10000 = Rs 1,576.25. ...

By taking Rs 11,000 as the principal, the S.I. for the next 1/2 year will be calculated.

∴ Interest for the first year = Rs 11000 − Rs 10000 = Rs 1,000. ∴ Total compound interest = Rs 1000 + Rs 550 = Rs 1,550.

Answer 2

Answer:

https://www.paisabazaar.com/compound-interest-calculator/

Compound Interest Formula and Calculator - Paisabazaar.com

https://www.toppr.com/guides/maths/compairing-quantities/compound-interest/

Compound Interest: Compounded Half Yearly, Formula, Videos ...