Question

pls tell the ans pls with explanation help​

Answer 1

Principal (P)=\ 24,000

Time (t) = 2 years

Rate(r)=10%/2=5% (compounded semi-annually i.e. half yearly)

CI=24,000[(1+5/100)²-1]

CI=24,000[1+1/20)²-1]

CI=24,000[20+1/20)²-1]

CI=24,000[21/20)²-1]

CI=24,000[441/400)-1]

CI=24,000[441-400/400]

CI=60[41]

CI=2,460

Hope this helps you

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Answer 2

Step-by-step explanation:

P= Rs. 24000, Time = 2 years

2 years =4 half years

, r=10% p.a. =5% per half year

∴A=24000(1+ 5/100)^4

=24000×( 21/20 ) ^4

=24000× 1.21

= Rs. 29040

∴ C.I. = Rs. 29040− Rs. 24000= Rs. 5040

∴ C.I. (x) lies between Rs. 5000 and Rs. 6000.

Hope u got it