Math, asked by gk128591, 4 months ago

Find the compound interest on Rs. 10,000 for 1 year at 10 % p.a., if the interest is

compounded half- yearly

Answers

Answered by suseentherst

2

Answer:

1000

Step-by-step explanation:

Compound Interest = Amount - Principal

Amount annually = P +( 1+R/100)n

10000(1+1/10)

10000(11/10)

1000×11 = 11000

A-P = 11000-10000

Compound Interest = 1000

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