Find the compound interest on 80,000 at 15% for 1 yr if the interest is compound after every four months
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vipinmamgai68:
thanks but 1.05 kaise aaya
rate of interest for one year is 15% then the rate of interest for 4 months is equal to 5%. i=R/100=0.05
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fin a year there is 3 four months and so i equated rate of interest to the corresponding months
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5% rate of interest
but rate of interest toh 15 hai
aapne 5% kaise nikala
bro don't know hindi
okay how you got 5% rate
for 12 months we have to pay 15% rate
then dor 4 monts we get 5% rate of interest
okay i got it your point thanks
welcome
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