Ruhi invested R 25,000 at the rate of 12% per annum compounded half yearly. What amount would he get after a year
Answers
Answered by
0
Answer:
Answer below:
Rs 28090
Explanation:
Formula for amount for compound interest => A= P(1+\frac{R}{200})^{2n}P(1+
200
R
)
2n
So, amount for the the given case = Rs 25000(1+\frac{12}{200} )^{2}25000(1+
200
12
)
2
= Rs 25000(\frac{212}{200})^{2}25000(
200
212
)
2
= Rs \frac{25000*212*212}{200*200}
200∗200
25000∗212∗212
= Rs 28090
C.I. = Rs (28090-25000)
= Rs 3090
Hope it helps...
Answered by
4
Answer is attached please mark as brainliest and give thnx
Attachments:
Similar questions