Question

FIND THE AMOUNT AND THE COMPOUND INTREST ON ₹1600 FOR ONE YEAR AT THE RATE OF 10% PER ANNUM COMPOUNDED HALF
$1600 \times 5 \times 1 \div 100$
- YEARLY​

Answer 1

Answer:

1641.95

Step-by-step explanation:

P=rs.1600

r=10%

n=1years

we know, C.I=P(1+r/100)^n/2

C.I=1600(1+10/100)^1/2

=1600(100+10/100)^1/2

=1600(110/100)^1/2

=1600(11/10)^1/2

=(1600×11/10)^1/2

=(17600/10)^1/2

=(1760)^1/2

=41.95

amount=1600+41.95

=1641.95