Math, asked by ahanyaghosh27, 4 months ago

find the compound interest on Rs. 20,000 at 12% p.a. foe 6 months compounded quarterly

Answers

Answered by mithusr081517

0

Answer:

principal = Rs 20,000

Time = 12%

rate = 6 months = 6 /12 months = 0.5months

Compound interest / Simple interest = P× R× T

100

= 20000 × 12 × 0.5

100

= Rs 1200 is the answer.

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