Question

find the amount and the compound interest on Rs.12800 for one year at 15/2% per annum compounded semi annually

Answer 1

Answer:

Amount ₹ 13778 and Compound interest ₹ 978

Step-by-step explanation:

Using Compound interest formula only the difference is time will be doubled and interest will get half since compound interest is to be calculated semi annually

Amount = 12800 (1 + 15/2*200) ^ 1*2 = 13778

Then, C.I. = Amount - Principle = 13778 - 12800 = 978

Answer 2

Step-by-step explanation:

Hey mate here is your answer