Question

Jully
Find interest on 5000 at 12% per annum
for 1 years if the interest is compounded
semi-annually.​

Answer 1

➤ Given :-

Principal amount (P) = ₹5000

Rate of interest (R) = 12% per annum

Time (T) = 1 year

➤ To Find :-

The intrest given at end of 1 year....

➤ Formula :-

$\large\bf {\orange {\underline { \underline {P×R×T÷100}}}}$

➤ Solution :-

$\longrightarrow \sf \: \frac{5000 \times 12 \times 1}{100}$

$\longrightarrow \sf \cancel \frac{60000}{100} = \frac{600}{1} = 600$

Therefore,the intrest to be paid is ₹600.

Answer 2

Step-by-step explanation:

p=5000

r=12%per annum=6% for half yearly

t=1year

n=2

a=p [1+(r/100)]^n

a=5000[1+6/100]^2

a=5000[106/100]^2

a=5000×106/100×106/100

a=106×106/2

=106×53

=5618