Find the amount and compound interest on ₹10000

Find the amount and compound interest on ₹10000 for 1 \frac{1}{2} years at 10% per annum, compounded half yearly. Would this interest be more than the interest he would get if it was compounded annually?

Solution:
ML Aggarwal Class 8 Solutions for ICSE Maths Chapter 8 Simple and Compound Interest Check Your Progress 4

What sum invested for 1 \frac{1}{2} years compounded half-yearly at the rate of 4% p.a. will amount to ₹ 132651?

Solution:
ML Aggarwal Class 8 Solutions for ICSE Maths Chapter 8 Simple and Compound Interest Check Your Progress 5

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