Question

Madu gave 7500 to vidhu to purchase a cycle of madhu charged interest at the rate of 10% p. a. Compounded half yearly. calculate the amount that vidhu will pay to madhu after 1 1/2 years
​

Answer 1

Answer:

Answer

As we know that,

A=P(1+

100

R

)

n

Here,

A= Amount

P= Principle =Rs.7500

R= Rate of interest =8%

n=1 year =2 half years

Therefore,

A=7500(1+

100

8

)

2

⇒A=7500(1+

25

2

)

2

⇒A=7500×

25×25

27×27

=12×729=Rs.8748

Therefore,

Compound interest =A−P=8748−7500=Rs.1248

Answer 2

Answer:

Rs

Step-by-step explanation:

1248 is your answer.

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