FIND THE COMPOUND INTEREST ON RS 35000 FOR 1 YEAR AT 12% PER ANNUM , INTEREST BEING CALACULATED TO THE PRINCIPAL EVERY HALF YEAR
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Answer: Rs6685.56
Step-by-step explanation:
P = ₹35000
T = 1½ years. = 3 half years
R = 12% p.a.= 6% per half yearly
A= P(1+R/100)raise to the power n
= 35000 (1+ 6/100)³
= 35000 (106/100)³
= 35000 (53/50)³
⇒A=Rs41685.56
CI= A - P
= 41685.56 - 35000
⇒CI=Rs6685.56
THANK U : )
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