Question

find the amount which Amit will get on rs.12500, if he gave it for 1 year at 16% p.a., interest being compounded half-yearly.



pls answer me plsss helppp​

Answer 1

Answer:

he will get.....

$12500(1 + \frac{16}{100} ) {}^{2} \\ 12500 \times \frac{116}{100} \times \frac{116}{100} \\ 16820rs$

Answer 2

Answer:

A:p(I +r/2oo) 2

A = 12800 (1 +8/loo) 2=12800x108/loox108/loo=14580

CI = 14580-12800 = Rs 2080