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Find the amount and the compound interest on RS 8000 for 1 year at 10% per annum, compounded half-yearly.

Posted by Narendra Choudhary 4 years, 11 months ago

CBSE > Class 08 > Mathematics

3 answers

Divyansh Jain 4 years, 11 months ago

Principal = Rs. 8000 Rate = 10 % half - yearly R ÷ 2 = 10 ÷ 2 = 5 % T ( N or no. of years ) = 2× n = 2 × 1 years = 2 half - years A = P ( 1 + r/100 ) ^n A = Rs. 8000 ( 1 +5/100 ) ^2 A = Rs. 8000 ( 100 +5 /100 ) ^2 A = Rs. 8000 ( 105/100 ) ^2 A = Rs. 8000 ( 21/20 ) ^2 A = Rs. 8000 × 21/20 × 21/20 A = Rs. ( 20 × 441 ) A = Rs. 8820 C.I. = A - P C.I. = Rs. ( 8820 - 8000 ) C.I. = Rs. 220 ( Answer )

0Thank You

Narendra Choudhary 4 years, 11 months ago

Answer will be in long

0Thank You

Sandesh Shirke 4 years, 11 months ago

4000 is answer

0Thank You

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