*What is the compound interest on Rs. 200 for 1 year at 10% rate compounded half-yearly*​

*What is the compound interest on Rs. 200 for 1 year at 10% rate compounded half-yearly*​

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  1. Answer:

    Principal = ₹200

    Time = 1 year compounded half yearly

    Rate = 10%

    Now,

    For 1st ½ year,

    P = ₹200

    R = 10%

    T = ½ year

    Interest =P*R*T/100

    Interest=Rs 10

    Amount =P + I

    Amount =200+10=210

    For 2nd ½ years

    P = ₹210

    R = 10%

    T = ½ year

    Interest=rs 210*10*1/10*2

    =rs 21/2

    =Rs 1.5

    Amount=210+1.5=Rs 211.5

    C.I =Required amount-Initial amount

    =Rs 211.5-200

    =Rs 11.5answer

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