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Find CI of ₹8000 for 1 years at 9% per annum compounded half yearly? Please help me. In full process?
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Find CI of ₹8000 for 1 years at 9% per annum compounded half yearly? P...
A= P( 1+ R÷ 100) ^n Now, as we have to take out the compound interest of half yearly; we will use the following formulaA=P( 1+ R÷ 200) ^2nSo, GivenP= ₹ 8000No. of years =1Rate=9% per annum compounded half yearlyNow, as we know now,A=P(1+R ÷ 200) ^ 2n n=1A=8000(1+9÷ 200)^ 2x1A=8000x(209÷ 200) ^ 2 209 came from 1+ 9÷ 200 1× 200÷ 1× 200 200/200+ 9/200 209/ 200 This is how 209/200 came.Then,A= 8000x209 /200×209/200A=8000x209x209A=3449448000/40000A=8736.2A=Compound Interest- PrincipalA=8736.20-8000A=₹ 736.2 andCompound Interest is ₹8736.2.
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Find CI of ₹8000 for 1 years at 9% per annum compounded half yearly? Please help me. In full process?
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Find CI of ₹8000 for 1 years at 9% per annum compounded half yearly? Please help me. In full process? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about Find CI of ₹8000 for 1 years at 9% per annum compounded half yearly? Please help me. In full process? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Find CI of ₹8000 for 1 years at 9% per annum compounded half yearly? Please help me. In full process?.
Find CI of ₹8000 for 1 years at 9% per annum compounded half yearly? Please help me. In full process? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about Find CI of ₹8000 for 1 years at 9% per annum compounded half yearly? Please help me. In full process? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Find CI of ₹8000 for 1 years at 9% per annum compounded half yearly? Please help me. In full process?.
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