The compound interest on Rs.100 in one year at
20% per annum compounded half yearly is:
Answers
Answered by
12
Answer:
compound interest is ₹21
Step-by-step explanation:
principal- 100
time - 2n
=2*1
= 2 years
rate - 20/2=10%
amount = p(1+r/100)^n
= 100(1+10/100)²
=100*110/100*110/100
=11*11
=₹121
compound interest = amount - principal
= 121-100
CI = ₹21
I hope your doubt is clear
Answered by
0
Answer:
yes my doubt is completely clear thanks for asking question and thanks fir giving answer
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