Question
 If a sum of Rs. 6,500 is to be borrowed for 2 years at
10% per annum compounded half-yearly, find the compound amount (integer values only).Solution
Given sum =6500 Rs. Time =2 years =4 half years. Rate =10%/annum =5% half year. Effective rate =5%=1/20 
R= (34481/160000) Ă—100=.21550Ă—100=21.55% Now interest =(6500Ă—21.55)/100=1400.75=1400Rs(approx.) Compound amount =6500+1400=7900.
More Simple and compound interest Questions
3, 6, 18, 90, 630, 5670
332, 404, 350, 390, 360, 380
42, 61, 78, 93, 102, 109
66, 220, 384, 543, 702, 861
45, 166, 310, 480, 675, 900
Find the wrong number in the given number series.
32, 61, 92, 129, 170, 211
- Find the wrong number in the given number series.
310, 259, 208, 167, 128, 115 Find the wrong number in given number series.
2669, 2838, 2993, 3185, 3397, 3629
- Find the wrong number in the given number series.
10, 35, 260, 885, 2110, 4135 Find the wrong number in given number series.
1177, 1161, 1125, 1061, 961, 837.
Relevant for Exams:
