Question

what amount is to be paid on a loan of rs.10000 for 1.5 years at 10%per annum Compounded half yearly.



maths (class 8)​

Answer 1

Answer:

10*21/2*21/2*21/2

Step-by-step explanation:

Given ,

Principal=Rs 10000

Here , rate is compounded half yearly

Rate of interest = 10/2%

= 5%

Time = 1.5 years = 1½ = 3/2 years

=3/2*2 half years

=3

Amount=P (1 + R/100)^n

=10000 (1 + 5/100)^3

=10000 (1 + 1/20)^3

=10000 (20+1/20)^3

=10000 (21/20)^3

=10000*21/20*21/20*21/20

=10*21/2*21/2*21/2