Question

Find the compound interest on I 8000 for 1½ years at 10% p.a., if interest

being compounded half yearly

Answer 1

Hope this may help you.

Answer 2

Answer:

CI = 1261

Step-by-step explanation:  

t= 1 and half years...so time is 3 years

R= 10%= 10/2 =5%

interest  for the first year

8000×1×5/ 100 = rupee 400

amount 1 = SI + P =400+8000 = 8400

interest for second half year = 8400×1×5/100 = rupee 420

amount 2 = 420+8400 = 8820

interest for 3 half years = 8820×1×5/100 = rupee 441

amount 3= 441+8820=9261

CI= A-P = 9261-8000 = 1261

aa gya ans....ho gya kuch tu?