Question

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.

Answer 1

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.