is the principal is rs 10000 and rate of interest is 10% compounded half yearly then find the interest after 6 months
Answers
Answered by
0
Step-by-step explanation:
P= 10000
R=10%= 5% (since half yearly)
Time= 1 period (since half yearly)
A= P×(1+5/100)^1
= 10000x 105/100
= 10,500
C.I= 10,500 - 10,000 = 500.
Answered by
2
Answer:
Hey bro here's your answer Hope you like my answer then please mark me brainliest
Step-by-step explanation:
Given:
Principal=₹10,000
Rate of interest=10% ,but the interest should be compounded half yearly ,so= 10/2=5%
as the 5% interest should be at 6 months.
so compound interest= principal×( rate%/100)^ n
( where 'n' is number of years / time period)
= 10000×5/100¹ = 500
So compound interest= 500
Simple interest= compound interest+principal
= 10,000+500= 10500
Similar questions