Q10 of 45 Page 8

Find the compound interest on Rs. 5000 for 1 year at 8% per annum compounded half-yearly.

Interest for half year = 4%, n = 1 year = 2 half years

CI = A - P = 5408 - 5000 = Rs. 408.

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8 Find the compound interest on Rs. 25000 for 3 years at 6% per annum compounded annually. 9 Find the amount and the compound interest on Rs. 2500 for 2 years at 10% per annum compounded annually. 11 Find the amount and the interest on Rs. 16000 for 3 years at 5% per annum compounded annually. 12 A sum of money amounts to Rs. 11910.16 in years at 12% per annum interest being compounded semi annually. Find the sum.