Find the compound interest on ₹16,000 for one year at 20% per annum,the interest being compounded half yearly.
Answers
Answered by
2
Please see the attachment
Attachments:
ayazmuhammedponni:
Sorry Ur answer
Is correct
Answered by
1
P= 16000
R=20%
T=1/2+1/2
C.I for first half = 16000 × 20/100×2
= 1600rs
amount= 16000+1600
=17600
C.I for second half = 17600×20/100×2
= 1760rs
amount= 17600+1760 =19360
total CI = 1600+1760
= 3360RS
hope this helps
follow me and plz mark brainliest
R=20%
T=1/2+1/2
C.I for first half = 16000 × 20/100×2
= 1600rs
amount= 16000+1600
=17600
C.I for second half = 17600×20/100×2
= 1760rs
amount= 17600+1760 =19360
total CI = 1600+1760
= 3360RS
hope this helps
follow me and plz mark brainliest
Thanke
u did not mark brainliest.. ;(
Similar questions