Question

please reply my question​

Answer 1

Principal = Rs 8000

Time = 1 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