1.

If the semi-annual compound interest of Rs15625 for 1 year 6 months is Rs 1951, find the rate of interest.

Answer» Given:

The semi-annual COMPOUND INTEREST of Rs. 15625 for 1 year 6 months is Rs. 1951

To find:

The rate of interest

Solution:

To SOLVE the given problem we will use the FOLLOWING formula of HALF-yearly compound interest:

\boxed{\bold{A = P [1 + \frac{\frac{R}{2}}{100} ]^2^n}}\\\\\boxed{\bold{C.I. = A - P}}

Here we have

C.I. = Rs. 1951

P = Rs. 15625

n = 1\frac{6}{12} = 1\frac{1}{2} = \frac{3}{2} \:years

Now, using the above two formulas, we get

C.I. = P [1 + \frac{\frac{R}{2}}{100} ]^2^n - P

substituting the given values

\implies 1951 = 15625 [1 + \frac{\frac{R}{2}}{100} ]^2^(^\frac{3}{2}^ ) - 15625

\implies 1951 + 15625 = 15625 [1 + \frac{\frac{R}{2}}{100} ]^3

\implies 17575 = 15625 [1 + \frac{R}{200} ]^3

\implies \frac{17575}{15625} =  [1 + \frac{R}{200} ]^3

taking cube roots on both sides

\implies \sqrt[3]{\frac{17575}{15625}}  = \sqrt[3]{[1 + \frac{R}{200} ]^3}

\implies {\frac{26}{25} = [1 + \frac{R}{200} ]

\implies {\frac{26}{25} - 1 = \frac{R}{200}

\implies {\frac{26-25}{25} = \frac{R}{200}

\implies {\frac{1}{25} = \frac{R}{200}

\implies R = \frac{200}{25}

\implies \bold{R = 8\%}

Thus, the rate of interest is → 8%.

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Also View:

What will be the compound interest on  5,000, if it is compounded half-yearly for  1 year 6 months at 8% per annum?​

brainly.in/question/12296626

What will Rs.80,000 amount to in 2 years at the rate of 20% p.a., if interest is compounded half yearly?

brainly.in/question/12159582

Principal= ₹ 2560

Rate = 25/2%

Time = 1 Year  

calculate the amount and C.I. if the interest is compounded half yearly.​

brainly.in/question/13435421



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