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8,000 for 1 year at 9% …

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8,000 for 1 year at 9% per amount compound half yearly ( you could use by calculation using si formula to verify ).

Posted by Shreya Pathak 5 years ago

CBSE > Class 08 > Mathematics

1 answers

Gaurav Seth 5 years ago

Here P = Rs 8000, T = 1 year, R = 9% p.a.

Interest is compounded half yearly,

∴ T = 1 year = 2 half years

R = 9% p.a.= half yearly

∵         Amount =

                     = Rs 8000

                     = Rs.

                     = Rs

             CI = Rs 8736.20 - Rs 8000

                     = Rs 736.20

2Thank You

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Posted by Monika 8B 5 months, 2 weeks ago

CBSE > Class 08 > Mathematics