Question

find the amount on 5000 rupees for 1 year at 8% per annum compounded quarterly​

Answer 1

Given, Pricnipal=Rs. 5000

Rate =8%

Time =1 year, ⟹n=2∵ Compounded half-yearly

A=P(1+2.100r)n

A=5000(1+2008)2

A=5000(200208)(200208)

A=5408

C.I=A−P

=5408−5000

=408

C.I.=408.

Answer 2

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$\huge\underline\red{ANSWER:}$

$a = p(1 + \frac{r}{100} ) n{}$

$a = 5000(1 + \frac{8}{100})1$

$a = 5000( \frac{108}{100})1$

$a = 5000 \times \frac{108}{100}$

$a = 50 \times \ \: 108$

$a = 5400$

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