Question

Find the compound interest on 80,000 at 15 7.
0.0 for 1 year. If the interest is compounded
after four monthsफाइंड द कंपाउंड इंटरेस्ट ऑन 8888 15% फॉर 1 ईयर इंटरेस्ट कंपाउंड आफ्टर फोर मंथ ​

Answer 1

Answer:

CI = Rs. 16000

Step-by-step explanation:

Formula = A = P*(1+r/100)n

According to the question,

A = Rs. 80000

R = 15%

T = 1 year (compunded 4 months) = 1*4/12 = 1/3

Hence, 80000*(1 + 15/100)1/3

We can calculate the time for 4 months at last, so

80000*(1+3/20) = 80000*(23/20) = 4000*23= 92000...

So...A for 1 year is Rs.92000

Now we will find the other 1/3..

Simple Interest = PTR/100 = 80000*1/3*15/100 = Rs. 4000

Total amount = Rs.4000 + 92000 = 96000

Total Compound interest = Rs.96000 - Rs.80000 = Rs.16000

Thank you

Hope it helped :)