Question

Find the amount which Ram will get on 4096,if he gave it for 18months at 121/2%per annum,interest being compounded half yearly

Answer 1

Answer:

The amount which Ram will get on ₹ 4096 if he gave it for 18 months at 1212 12 1 2 % per annum, interest being compounded half yearly is ₹ 4913.

Answer 2

4864

Step-by-step explanation:

the formula for simple interest is I = P*R*T/100

where P is principle which is 4096 ,

R is rate of interest which is 12.5

T stands for time that is 18 months which is 1.5 years

so interest will be 4096*12.5*1.5/100= 768

so total amount which ram will get is interest + principle

which is 4096 + 768 =4864