Question

ravi invested an amount of ₹20,000 at 10℅ per annum . find the compound interest recieved on the investment if the interest is compounded half - yearly .

please give me ans in step by step ​

Answer 1

Answer:

2050

Step-by-step explanation:

amount = 20000 (1+10%/200)1×2= 50×21×21= 22050

compound interest = 22050-20000= 2050

Answer 2

Answer:

CI= 9282

Step-by-step explanation:

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