Question

what is the c.i on 8000 at 10% per annum for 2 yrs.if the interest is calculate half yearly​

Answer 1

Answer:

principal = 8000

rate= 10% per annum

year= 2

Interest of the first year= 8000 multiply by 10 multiply by 1 upon 100= 800

Amount at the end of first year = 8000+800=8800

Interest for second year = 8800*10*1 upon 100=880

Amount at the end of second year = 8800+880=9680

C.I after 2 years = 9680-8000=1680 Ans