Question

Find the amount and the compound interest on rupees 8000 for 1 year at 10%per annum compound half yearly

Answer 1

hope the solution in the picture helps

Answer 2

P=8000
T=2(compounded half yearly)
R=5%(compounded half yearly)
Ci=p*(1+r/100)n-1
=8000*(1+5/100)2-1
=8000(105/100)^2-1
=RS.800