Rs 12500 10% for 1.5 years half yearly calculate ci
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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
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