Question

find the compound interest when sum of rupees 10,000 is invested for 1 year and 3 months at 17/2% per annum compounded annually​

Answer 1

Answer:

I can answer

Step-by-step explanation:

Find compound interest paid when a sum of ₹ 10000 is invested for 1 year and 3 months at 17/2% per annum compounded annually?

P=10000

r=17/2 = 8.5

t =1 year

I=PRT/100

i=10000×8.5×1÷100

i=850

ci=10000+850

  =10850

10850 × 8.5×1÷100×4

=230.56

CI=10850 + 230.56

    =11080.56

Answer 2

Answer:

P=10,000

T=1year

r=17/2

I=PTR/100

10,000×17/2×1

-----------

100

50×17=850

I=850

A=P+I=10000+850

A=10,850

..P=10850

..T=3MONTHS (3/12=1/4)

..R=17/2

I=PTR/100

10850×17/2×1/4

------------------------------

1000

10850×17/800

I=230.50

850+230.50

1080.50

Step-by-step explanation:

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