Question

Find the compound interest on 5000 rupees for 1 year at the rate of 1o% per annum , when interest is compounded half yearly​

Answer 1

Answer:

Given, Pricnipal=Rs. 5000

Rate =8%

Time =1 year, ⟹n=2∵ Compounded half-yearly

A=P(1+

2.100

r

)

n

A=5000(1+

200

8

)

2

A=5000(

200

208

)(

200

208

)

A=5408

C.I=A−P

=5408−5000

=408

C.I.=408.

Answer 2

Answer:

$a = p(1 + \frac{r}{200}) {}^{2n}$

$5000(1 + \frac{10}{200}) {}^{2}$

$5000 \times \frac{21}{20} \times \frac{21}{20} = rs. \: 5512.50$

C.I = A - P = ₹512.50

Step-by-step explanation:

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