Question

Find the compound interest and amount for compounded half yearly p=rupees. 60,000 n= 1 year. R= 12% per annum

Answer 1

Step-by-step explanation:

Given,

P=60,000

R=12%

T =1 ye

using formula,

Answer 2

Step-by-step explanation:

p =60000

n = 1

r = 12%

A = p [1+ r/200]^2n

= 60000 [1+12/200]^2×1=2

=60000 [1+3/50]^2

= 60000 [53/50]^2

= 60000 × 53/50×53/50

= 600 ×53/5×53/5

= 24 ×53×53

A = 65246

C.I =A-P

= 65246 - 60000

C.I= 5246

I hope it is useful to you

mark it as brainliest