Question

If principal = Rs. 1,00,000, rate of interest = 10 % compounded half yearly - Find (1) Interest for 6 months (ii) Amount after 6 months (iii) interest for next 5 months (iv) amount after 1 year​

Answer 1

Answer:

Given that, principal(P) = Rs 1,00,000. Rate of interest(R) = 10% compounded half yearly. ⇒ We have, Compound interest = Amount - Principal = Rs.1,05,000 ⇒∵ Compound interest = A - P ⇒ Interest for 6 months = 105000 - 100000 = Rs. 5,000Read more on Sarthaks.com - https://www.sarthaks.com/858366/if-principal-rs-1-00-000-rate-of-interest-10-compounded-half-yearly-find