Question

Q4. Find the compound interest on rupees 48,000 for 1 year at 8%
per annum when compounded half yearly.​

Answer 1

$\huge\sf\blue{★Answer★}$

$\large\sf\red{Given:-}$

Principal = 48000

Rate of interest = 8%

Time = 1 year

Interest is compounded half yearly

$\large\sf\red{To \: Find :- }$

Total amount(A)

Compound interest

$\large\sf\red{Solution :- }$

$\large\sf{A = P(1+ \frac{r}{200} ) {2n} }$

$\large\sf{48000(1+ \frac{8}{200} )2}$

48000 × 26/25 × 26/25

76.8 × 26 × 26

RS.51916.80

Therefore, compound interest = A-P

= Rs. 51916.80 - 48000

= Rs. 3916.80

Answer 2

Answer:

Answer=3916.80

Step-by-step explanation:

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