Question

rupees 10000 for 1 year at 8% per annum compounded half yearly​

Answer 1

Answer:here,

principal = 10000  

rate = 8% per annum compounded half yearly  

time = 1 year

now,

CI =  

p(1 +  \frac{r}{100}{)}^{t}   - p

10000(1+4/100)^2 -10000

10000(26/25)^2 -10000

10000×676/625 -10000

(6760000-6250000)/625

510000/625

816