Question

Rs 62500 for 2 years and 6 months at 12% per annum compounded annually


by using the formula find the ques.​

Answer 1

Answer:

Principle = 62500

Time = 2Years 6Months

Rate = 12%

Step-by-step explanation:

C.I. = 62500(1 + 12/100) × (1 + 1/2 x 12/100)

= 62500(28/25)^2 × (53/50)

= 62500 × 28 × 28 × 53/25 × 25 × 50

= 83150