Calculate the amount and compound interest on Rs 8,000 for 1 year at 9% per annum compounded half yearly. Show
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 736.20 243 Views Calculate the amount and compound interest on: (a) Rs 10,800 for 3 years at 121/2 % per annum compounded annually. (b) Rs 18,000 for 21/2 years at 10% per annum compounded annually. (c) Rs 62,500 for 11/2 years at 8% per annum compounded half yearly (d) Rs 8,000 for 1 year at 9% per annum compounded half yearly. (You could use the year by year calculation using SI formula to verify.) (e) Rs 10,000 for 1 year at 8% per annum compounded half yearly. 1355 Views A shopkeeper bought two TV sets at Rs 10,000 each. He sold one at a profit 10% and the other at a loss of 10%. Find whether he made an overall profit or loss. 1238 Views A milkman sold two of his buffaloes for Rs 20,000 each. On one he made a gain of 5% and on the other a loss of 10%. Find his overall gain or loss.(Hint: Find CP of each.) 192 Views Find the buying price of each of the following when 5% ST is added on the purchase of (a) A towel at Rs 50 (b) Two bars of soap at Rs 35 each (c) 5 kg of flour at Rs 15 per kg 925 Views Kamala borrowed Rs 26,400 from a Bank to buy a scooter at a rate of 15% p.a. compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan? (Hint: Find A for 2 years with interest is compounded yearly and then find SI an the 2nd year for 4/12 tears.) Here, we shall calculate the amount for 2 years using the CI formula. Then this amount will become the principal for next 4 months, i.e. 4/12 years. 119 Views What will be the compound interest on Rs 8000 for 1.5 years at the rate of 10% the interest being compounded half yearly?Step-by-step explanation:
Please mark this answer as BRAINLIEST. Amount=8000(1+5/100)^3=92610.
What is the compound interest on Rupees 8000 at 10% per annum for 2 years if the interest is calculated half yearly?Solution : Principal `=` Rs `8000`<br>Time `= 1(1/2)` yrs<br>`n = 3`<br>Rate `= 10%` p.a. `= 5%` half yearly<br>So , Amount `= P ( 1 + R/100 )^n`<br>`= 8000 × ( 105 / 100 )^3`<br>`= ( 8 × 105 × 105 × 105 ) / 1000`<br>`= 9261` . <br>So , Compound Interest `=` Rs `9261 -` Rs `8000 =` Rs `1261`.
What will be the compound interest on Rs 8000 at 15% per annum for 2 years 4 months compounded annually?Compound interest = ₹ 11109 - ₹ 8000 = ₹ 3109. Q. Find compound interest on Rs. 8000 at 15% per annum for 2 years 4 months, compounded annually.
How is CI half yearly calculated?If interest is compounded half yearly, rate of interest = R / 2 and A = P [ 1 + ( {R / 2} / 100 ) ]T, where 'T' is the time period.
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