Question

VE 35
4. Calculate the amount and Cl on Rs. 27000 for
1 1/2
years at 6 2/3%p.a compounded
semi-annually.​

Answer 1

Answer:

ANSWER

P=24000Rs

n=3 because due to semi-annually 3×

2

1

months are there

r=10% but for

2

1

years r=

2

10

=5%.

Amount =P(1+

100

r

)

n

=24000(1+0.05)

3

=24000×1.05×1.05×1.05

Amount =27783

CI=27783−24000

CI=3783.

Answer 2

Qusetion:Calculate the amount and Cl on Rs. 27000 for 1 1/2  years at 6 2/3%p.a compounded  semi-annually.​

Step-by-step explanation:

P=Rs.24000

n=3 because due to semi-annually 3×  

2

1

​  

 months are there

r=10% but for  

2

1

​  

 years r=  

2

10

​  

=5%.

Amount =P(1+  

100

r

​  

)  

n

 

=24000(1+0.05)  

3

 

=24000×1.05×1.05×1.05

Amount =27783

CI=27783−24000

CI=3783.

Answer By

Salina Rimal