Question

find the amount on a sum of rs 25000 for 1 yr at 20% p.a. when compounded half yearly

Answer 1

A=P(1+R/200)2n [n=time]
A=25000(1+20/200)2*1
=25000*220/200*220/200
=25000*11/10*11/10
=250*121=30250...
Hope it is correct..