Question

Q1: Find the amount on Rs. 1600
for one year at the rate of 10%
per annum compunded half
yearly​

Answer 1

Step-by-step explanation:

Principal =Rs.16000

Amount =Rs.18522

Rate =10% annually

Here, Rate =

2

1

×10=5% half yearly

Time n=?

Amount=Principal(1+

100

R

)

n

18522=16000(1+

100

5

)

n

⇒

16000

18522

=(1+

100

5

)

n

⇒

8000

9261

=(

20

21

)

n

⇒(

20

21

)

3

=(

20

21

)

n

∴ Period of the loan =3 half years =1

2

1

years.

Answer 2

ANSWER IS RUPEES 1764

EXPLANATION:

GIVEN: PRINCIPAL= RUPEES 1600

RATE OF INTEREST = 10 %

TIME PERIOD = 1 YEAR

SO,

Amount = principal × {1+ r/200}^2n

Amount = 1600 × {1 + 10/200}^2×1

amount = 1600× 210/200 × 210/200

Amount = 1764

hope it works out for you......