Find the compound interest on Rs.5000 at 12 %p. a. for 1 year, compounded half -yearly...
this is the question and I not need the answer with amount formula
Answers
Answered by
0
Step-by-step explanation:
Let the principal = Rs x
Then, S.I. = Rs.
25
9
x
Amount =P+S.I.= x+
25
9
=
25
34x
Given,
25
34x
=306
⇒x=
34
306×25
=Rs225
⇒S.I.=
25
9
×225= Rs. 81
Now, P= Rs. 225,T=5 yrs, S.I. = Rs. 81,R=?
∴
P×T
S.I.×100
=
225×5
81×100
=
5
36
% p.a. =7
5
1
% p.a.
Similar questions