Question

Find the difference in the compound interest on Rs. 10000 for 1yr at 10% per annum, compounded half-yearly and when rate is compounded annually?

please tell the difference between them​

Answer 1

$Principal = 10,000$

$Rate = 10\%$

$Time = 1 \: year$

$SI = \: \frac{ P×R×T}{100}$

$SI = \frac{10,000 \times 10 \times 1}{100}$

$SI = 1,000$

Answer 2

Step-by-step explanation:

SI = P×R×T/100

SI = 10,000× 10×1/100

SI = 1,000

HOPE IT HELPS!!