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Calculate CI that will be received if Rs 1000 is deposited in bank at r = 20% for 2 years withinterest getting compounded six monthly. |
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Answer» isStep-by-step explanation:P = ₹1000r = 20% 10%t = 2 YEARS = 6 months SI = p×r×t/ 100 1000×10 ×6 = 600A = p+i 1000+ 600 = 1600p² = 1600SI = 1600×10×6/100 = 960 A= 1600 +960 = 2560p³ = 2560Si = 2560×10×6/100 = 1536A = 2560+1536 = 4096p⁴ = 4096Si = 4096 × 10 ×6/100 = 2457.6A = 4096 + 2457.6 = 6533.6p⁵ = 6533.6Si = 6533.6 × 10 ×6 /100 = 65336 ×10×6/1000 = 3932.16A = 6533.6 + 3932.16 = 10465.76p⁶ = 10465.76Si = 10465.76 × 10 ×6 /100 = 1045676 ×10×6/1000 = 62,794.56A = 10465.76 + 62794.56 = 73,260.32CI = A - P = 73,260.32 - 1000 = 72260.32I HOPE IT WILL HELP YOU AND PLZ MARK ME AS A BRAINLIEST |
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