sunyana borrowed a sum of Rs 25000 at 12% p.a. simple interest for 1 year 6 month and lent to bishwant at the same rate of compound interest compound half -yearly for the same interval of time
Answers
Answer:
compound interest=1570₹ and amount=31270 Rs
Step-by-step explanation:
Principal=25,000
Rate=12%
Time=1 year 6 months =1 ½ years
because 6 months =1/2 of 12 months
at S.I
amount at simple interest =25000+4500=29500₹
for compound interest see the attachment
so Amount compounded half yearly at compound interest =31270₹
and compound interest =31270-29500
=1570₹
we have taken half of rate because it is compounded half yearly and when the year is half or in fraction we multiply that fraction with rate.
Answer:
275.4
Step-by-step explanation:
given
p = Rs 25000
R = 12%
T= 1years 6month
= 1year + 6\12 years
= 1 + 1\2
= 3\2 years
Now
S. I. = PTR\100
= (25000 × 3\2×12) \100
= Rs. 4500
Again,
semi - Compound interest
C. I. = p[( 1 + R\200) ^2T -1 ]
= 25000[(1 + 12\200) ^2×3\2 - 1 ]
= 25000[(1 + 12\200) ^3 - 1 ]
= 25000[( 1.o6)^3 - 1 ]
= 25000[(1.191016- 1 ]
= 25000x 0.191016
= Rs. 4,775.4
so, the difference of = C. I - S. I
=Rs 4,775.4 - Rs. 4500
= Rs 275.4
thus, the profit is Rs 275.4.