Question

Rs 30000 is invested for some period at 8% per annum to earn Rs 2400 as simple intrest if the same sum is invested for same period at the same rate of intrested compunded half yearly find the compound intrest​

Answer 1

Step-by-step explanation:

$si = \frac{prt}{100} \\ \frac{30000 \times 8 \times x}{100} = 2400 \\ 2400x = 2400 \\ x = 1$

Time=1year

$ci = p((1 + \frac{r}{200} ) ^{2n} - 1) \\ 30000 ( \frac{676}{625} - \frac{625}{625} ) \\ 30000 \times \frac{51}{625 } \\ 48 \times 51 \\ 2448$

CI=2448Rs

Answer 2

Answer:

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