Question

The compound interest on ₹ 4000 for one year at 5% p.a payable half-yearly is:
₹ 405
₹400
₹ 202.50
₹ 200
​

Answer 1

Answer:

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➾ Principle = ₹4000

➾ Rate = 5 %

➾ Time = 1 year

➾ Compounded = half yearly

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➾ Compound Interest = ?

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❒ Formula Used :

$\large{\blue{\bigstar}}{\underline{\boxed{\red{\sf{C.I = P\bigg(1 + \dfrac{R}{100} \bigg)^T - P}}}}}$

➢Here :

➳ C.I = Compound Interest = ?

➳ P = Principle = 4000

➳ R = Rate = 5 %

➳ T = Time = 2T

$\qquad{━━━━━━━━━━━━━━━━━━━━━━━━━━}$

❒ Finding the compound interest :

➙ C.I = P(1 + R/100)^T - P

➙ C.I = 4000(1 + 5/100)^2 - 4000

➙ C.I = 4000(1 + 0.05)^2 - 4000

➙ C.I = 4000(1.05)^2 - 4000

➙ C.I = 4000 × 1.1025 - 4000

➙ C.I = 4410 - 4000

➙ C.I = Rs.410

$\qquad{━━━━━━━━━━━━━━━━━━━━━━━━━━}$

❒ Therefore :

❝ Compound interest on the sum of Rs.4000 is ₹ 410 . ❞

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Answer 2

Answer:

202.50 is the answer to this question ❓