Question

rupees 10,000 for 1 year at 8% per annum compounded​

Answer 1

Answer:

Given,

Principal, P =Rs.10000,  Rate, R = 8% per annum compounded half yearly for 1 year. 

Now, There are two half years in a year. Therefore compounding has to be 2 times. 

And rate = half of 10% = 5% half yearly.

Therefore, the required amount =   = Rs. 10816

And Compound Interest, C.I. = Amount - Principal = Rs. (10816 - 10000) = Rs. 816.



Answer 2

Answer:

10000(1+8/100)¹

= 10000 [(100+8)/100]

= 10000 × 108/100

= 10800

So, the amount is Rs. 10800.

Then, the compound interest is

= 10800 - 10000

=Rs. 800

I hope it will help you.