calculate the compound Interest on 10000 rupees for 1 year if the interest is payable hal yearly at the rate of 4% per annum

calculate the compound Interest on 10000 rupees for 1 year if the inte

1.	calculate the compound Interest on 10000 rupees for 1 year if the interest is payable hal yearly at the rate of 4% per annum
Answer» <html><body><p>400Step-by-step <a href="https://interviewquestions.tuteehub.com/tag/explanation-455162" style="font-weight:bold;" target="_blank" title="Click to know more about EXPLANATION">EXPLANATION</a>:given,<a href="https://interviewquestions.tuteehub.com/tag/principal-1166121" style="font-weight:bold;" target="_blank" title="Click to know more about PRINCIPAL">PRINCIPAL</a> Is 10000time Is <a href="https://interviewquestions.tuteehub.com/tag/1-256655" style="font-weight:bold;" target="_blank" title="Click to know more about 1">1</a> <a href="https://interviewquestions.tuteehub.com/tag/yearrate-3297700" style="font-weight:bold;" target="_blank" title="Click to know more about YEARRATE">YEARRATE</a> is 4%A=p(1+R/100)TA=10000(1+4/100)1A=10000(26/25)1A=10000×26/25A=400×26/1A=10400Therefore C.I =A-PC.I=10400-10000C.I=400</p></body></html>