Sum of A 15000 Eurns compound intrest of 2496 in 1 year when the intrest is compounded half yearly.
find the rate of intrest
Answers
Answered by
1
Answer:
The compound interest on a sum of Rs. P at R% per annum in one year,
When compounded annually, CI = P[(1 + R/100) – 1] = PR/100
When compounded half-yearly, CI = P[(1 + R/200)2 – 1]
Given, P = Rs. 15000, R = 20%
When compounded annually, CI = (15000 × 20)/100 = Rs. 3000
When compounded half-yearly, CI = 15000 × [(1 + 20/200)2 – 1] = 15000 × 0.21 = Rs. 3150
∴ Extra interest = 3150 – 3000 = Rs. 150
Answered by
0
Answer:
Ye question kon se class ka hai bhai
Step-by-step explanation:
pls mark as brainlist
Similar questions