Find the compound interest on Rs. 2560 for
1/2 year at 12 1/2
% per annum, interest payable
quarterly ?
Answers
Answered by
1
Answer:
CI IS ₹162.50
Step-by-step explanation:
PARAMETERS GIVEN,
PRINCIPAL = ₹2560
TIME = 1/2 yr
RATE% = 12 1/2%
= 25/2%
SO,
A.T.Q.,
A = P(1+R/400)⁴ⁿ
= 2560[1+ 25/(2*400)]⁴*¹/₂
= 2560[33/32]²
= (2560*33*33)/(32*32)
= ₹2722.50
SO,
CI = A-P
= ₹2722.50-₹2560
= ₹162.50
SO,
CI IS ₹162.50
I HOPE YOU UNDERSTOOD THE QUESTION!!!
!!!JAI SHREE KRISHNA!!!
Answered by
4
Step-by-step explanation:
principal =orginal principal
time=1/2×4=2
rate=25/2×4 = 50 %
first half = p( 1+r/100) ×n
= 2560( 1+50/ 100) ×1
= 2650(100+50/100) ×1
= 2650(150/100) ×1
=2650(30/20) ×1
=2650( 6/4) ×1
=2650(3/2) ×1
2650×3/2
3975
second half =p(1+r/100) ×n
3975 ( 1+ 50/ 100) ×1
3975× 150/100 ×1
3975× 30/ 20×1
3975×6/4×1
3975× 3/2 ×1= 5962.5
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