Question

the compound interest on rupees 5000 at 20% per annum for 1and half years compounded half yearly.​

Answer 1

Step-by-step explanation:

Principal= 5000

Rate. = 20%

Time =. 3/2 years

In terms of half yearly Time doubles while Rate half

C.I.=5000{(1+10%/100)³-1}

C.I.= 5000{ (110/100)³-1}

C.I.=5000(1331000-1000000/1000000)

C.I.= 5000×331000/1000000

C.I.= 331×5= 1655Rs

Answer 2

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