Question

Find the SI and amount on Rs5000at 12% p.a for 5 years

Answer 1

Answer:

Hi.

Good Question and Keep Progressing.

Here is your answer---

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Given---

Principal(P) = Rs. 5000

Rate(r%) =  12%

Time(n) = 1 year.

According to the question, Interest is compounded half-yearly.

Using the Formula,

   

       A  = P [ 1 + r%/100]^2n    [Since, Interest is compounded Half-yearly]

       A  = 5000[ 1 + 12/100]^2(1)

       A  = 5000[ 112/100]^2

       A  = 5000[ 53/50]^2

       A  = Rs. 5618

Using the formula,

        Amount =Compound Interest + Principal.

 

            5618 = Compound Interest + 5000

            Compound Interest = 5618 - 5000

             Compound Interest = Rs. 618

Thus, the Compound Interest is Rs. 618.

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Hope it helps.

Have a nice day.

Step-by-step explanation:

Answer 2

Answer:

500 is your answer open image