Question

find the compound interest on ₹ 1500 at 8% per annum for one and half year, the payable interest is half yearly.

Answer 1

solve the sums like this

Answer 2

$\huge\boxed{\texttt{\fcolorbox{Red}{aqua}{Hey Mate!!}}}$
$<b><i><font face=Copper black size=4 color=blue>$
Here is your answer.

P =Rs 1500
R = 8% p.a
= 8/2 = 4% for half yearly
T = 1 1/2 years
n = 3 for Compounded half yearly

As we know the formula
A = P(1+R/100)^n
$= 1500 \times (1 + \frac{4}{100} ) {}^{3} \\ \\ = 1500 \times (1 + \frac{1}{25} ) {}^{3} \\ \\ = 1500 \times ( \frac{25 + 1}{25} ) {}^{3} \\ \\ = 1500 \times ( \frac{26}{25} ) {}^{3} \\ \\ = \frac{1500 \times 26 \times 26 \times 26}{25 \times 25 \times 25} \\ \\ = 1687.29$
Amount = Rs 1687.29

CI = A - P
= 1687.29 - 1500
= 187.29

Therefore Compound interest is Rs 187.29
$\large{\red{\boxed{\boxed{\boxed{\boxed{\boxed{\boxed{\boxed{\boxed{\boxed{\boxed{\underline{\underline{\underline{Hope \: it \: helps\: you}}}}}}}}}}}}}}}$

$\huge\boxed{\texttt{\fcolorbox{Red}{yellow}{Be brainly!!}}}$

$<marquee>$
$\huge\bf{\huge{\bf{\bf{@...rajeev378}}}}$