please answer me urgently step by step explanation please clear photo of answers please urgent
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Heya user
Here is your answer !!
Principal = Rs 8000
Time = 3 1/2 yrs
n = 3
Rate = 10% p.a. = 5% half yearly
So , Amount = P ( 1 + R/100 )^n
= 8000 × ( 105 / 100 )^3
= ( 8 × 105 × 105 × 105 ) / 1000
= 9261 .
So , Compound Interest = Rs 9261 - Rs 8000 = Rs 1261 (Ans)
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