Question

Rs 12500 10% for 1.5 years half yearly calculate ci​

Answer 1

Solution: P =Rs 12000, R =10% per annum and n=3. Therefore, amount (A) after 3 years

A

=

P

(

1

+

R

100

)

3

A

=

12000

(

1

+

10

100

)

3

A

=

12000

(

11

10

)

3

A

=

12000

(

11

10

)

×

(

11

10

)

×

(

11

10

)

A

=

15972

C

o

m

p

o

u

n

d

i

n

t

e

r

e

s

t

=

A

−

P

C

I

=

R

s

15972

−

R

s

12000

=

R

s

3972