Question

find the compound interest and amount ₹ 10000 for 1 year at 10% p.a compounded half annually​

Answer 1

Answer:

CI =A-P

A=10000(1+10/100)^1

10000×111/100

11100

Answer 2

Answer:

Step-by-step explanation:

principle= 10000

time= 2 half years

rate= 10%p.a

compound interest for 1st half year =

=p*r*t/100

= 10000*1*10/100

= 1000

amount at the end of first year= 1000

principle for 2nd half year= 10000+1000

=11000

compound interest for 2nd half year                                    

= 11000*1*10/100

=1100

compound interest for 2 half years = 1000+1100

                                                          =2100

amount=principle+compound interest

           =10000+2100

          =12100