Math, asked by ghananiraj1980, 8 months ago

find the compound Interest on ₹5000 for 1 year at 8% per annum compound Interest for Half year

Answers

Answered by Aksh255

6

Answer:

principal=Rs.5000

No of years =1 year

rate=8%

formula for CI half yearly:

A=P[1+(R/2)/100]^2N

=5000(1+4/100)^2

=5000*(104/100)^2

=5000*104/100*104/100

=Rs.5408

CI =A-P

=5408-5000

=Rs.408

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