Here,
Principal (P) = Rs. 10000
Rate of interest (R) = 10% per annum
compounded half yearly.
→ R = 5% per half yearly
Time (n) = 1 1 ye 2 years 3 half years n
Amount (A) = P(1+ R 100
= 10000(1+ 5 100 3
3
= 10000(1+ 20
= 10000( 21
21 21 21 = 10000 × -X X 20 20 20
= Rs 11, 576.25
Compound Interest (C. I) = A-P
= Rs 11, 576.25 Rs 10, 000
-
→ C. P = Rs. 1576.25
So, Compound interest half yearly is Rs. 1576.25---(1)
Rate of interest (R) = 10%
Time (n) = 1 years
Amount (A) for 1 year
R A = P(1+100 n
1 = 10000(1+ 101
= 10000( 11 1
11
= 10000 × 10
= Rs. 11,000
1 Interest for half year year,
2 [:S.I= 11000 × 1 × 10 2 × 100 = PTR 100
= Rs. 550
Therefore, total amount
= Rs. 11, 000+ Rs. 550 = Rs. 11, 550
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Verified answer
Here,
Principal (P) = Rs. 10000
Rate of interest (R) = 10% per annum
compounded half yearly.
→ R = 5% per half yearly
Time (n) = 1 1 ye 2 years 3 half years n
Amount (A) = P(1+ R 100
= 10000(1+ 5 100 3
3
= 10000(1+ 20
= 10000( 21
21 21 21 = 10000 × -X X 20 20 20
= Rs 11, 576.25
Compound Interest (C. I) = A-P
= Rs 11, 576.25 Rs 10, 000
-
→ C. P = Rs. 1576.25
So, Compound interest half yearly is Rs. 1576.25---(1)
Rate of interest (R) = 10%
Time (n) = 1 years
Amount (A) for 1 year
R A = P(1+100 n
1 = 10000(1+ 101
= 10000( 11 1
11
= 10000 × 10
= Rs. 11,000
1 Interest for half year year,
2 [:S.I= 11000 × 1 × 10 2 × 100 = PTR 100
= Rs. 550
Therefore, total amount
= Rs. 11, 000+ Rs. 550 = Rs. 11, 550