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प्रश्न
Calculate the amount and compound interest on Rs 10000 for 1 year at 8% per annum compounded half yearly.
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उत्तर
Principal (P) = Rs 10,000
Rate = 8% per annum or 4% per half year
Number of years = 1 year
There are 2 half years in 1 year.
A = `P(1 + R/100)^n`
= `Rs [10000(1 + 4/100)^2] = Rs [10000(1 + 4/100)^2] = Rs [10000(1 + 1/25)^2]`
= Rs `(10000 xx 26/25 xx 26/25)`
= `Rs 10816`
C.I. = A − P = Rs 10816 − Rs 10000 = Rs 816
संबंधित प्रश्न
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| No. | Principal (₹) | Rate (p.c.p.a.) | Duration (Years) |
| 1 | 2000 | 5 | 2 |
| 2 | 5000 | 8 | 3 |
| 3 | 4000 | 7.5 | 2 |
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(ii) the amount at the end of first year.
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