Math, asked by priyanshusinghlok121, 1 month ago

Find the compound interest on Rs. 7500 for one year at 8% p.a. compounded half – yearly. Also find the amount. Any one can tell me​

Answers

Answered by hfhviyfd
2

\large\red{ANSWER}

AMOUNT=₹8112

AMOUNT=₹8112COMPOUND INTEREST =₹612

\large\purple{SOLVING \:THE\: QUESTION}

principal =7500

rate =8%per annum

half yearly rate =8%/2=4%

time=1year

1year contains=2 half years

Amount=

p(1 +   {\frac{r}{100} })^{n}

7500(1 +   {\frac{4}{100} })^{2}  \\ 7500 \times  \frac{104}{100}  \times  \frac{104}{1 00}  = 8112

amount =₹8112

compound interest =amount-Principal

=8112-7500=612

\huge\blue{HOPE \:IT\: HELPS\:YOU}

Similar questions