Sangeeta lent Rs. 40960 to Amar to purchase a shop at 12.5% per annum. If the interest is
compounded semi-annually, find the interest paid by Amar after 1½ years.
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9
Answer:
7680
Step-by-step explanation:
Sangeeta lent Rs. 40960
At 12.5% per annum
Time 1.5year as 1/2
The formula to find the interest is (Principle×Rate×Time)÷100
Principle is Rs. 40960
Rate is 12.5%
Time is 1.5 years
So,
(40960×125×15)÷1000×10 then solve it then interest will come.
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