Find the interest on rupees 5000 for 2 years at the rate of 5% compounded half yearly

CBSE Class 8 Answered

Find the interest on rupees 5000 for 2 years at the rate of 5% compounded half yearly

Asked by ajayrath7 | 19 Dec, 2017, 07:45: PM

Expert Answer

begin mathsize 16px style straight P equals Rs. space 5000 comma space straight n equals 2 space years comma space straight r equals 5 percent sign space straight p. straight a. space compounded space half space yearly Amount equals straight P open parentheses 1 plus fraction numerator begin display style straight r over 2 end style over denominator 100 end fraction close parentheses to the power of 2 straight n end exponent Amount equals 5000 open parentheses 1 plus fraction numerator 2.5 over denominator 100 end fraction close parentheses to the power of 2 cross times 2 end exponent Amount equals 5000 cross times 1.025 to the power of 4 Amount equals Rs. space 5519.064 Interest space equals space amount space minus space Principal Interest space equals space 5519.064 minus 5000 Interest space equals space Rs. space 519.064 end style

Answered by Sneha shidid | 20 Dec, 2017, 10:04: AM

Answered Unanswered My Questions My Answers

CBSE 8 - Maths

solution please give me

Asked by godaragodara404 | 02 Jan, 2023, 03:53: PM

ANSWERED BY EXPERT

CBSE 8 - Maths

Math

Asked by roy709042 | 18 Nov, 2022, 06:17: PM

ANSWERED BY EXPERT

CBSE 8 - Maths

Prove the answer is 400gm

Asked by Priyasmitroy | 17 May, 2022, 09:22: PM

ANSWERED BY EXPERT

CBSE 8 - Maths

please solve this

Asked by tejureddyamanaganti | 12 Mar, 2022, 10:30: AM

ANSWERED BY EXPERT

CBSE 8 - Maths

2+2

Asked by anshu16012007 | 10 Jul, 2021, 11:39: AM

ANSWERED BY EXPERT

CBSE 8 - Maths