Question

Hey mated pls help me with this question.......​

Answer 1

Answer:

₹8170

Step-by-step explanation:

P = 40960

R = 12.5%

T = 1+1/2 yrs = 18mnth

mode = semi annual

hence...

n = 18/6 = 3

r = R × 6/12 = 12.5/2 = 6.25

now A = P(1+r/100)^n

A = 40960 (1+6.25/100)^3

A = 40960 (106.25/100)^3

A = 49130

hence I = A - P

i.e, Interest =49130 - 40960 = ₹8170