Find the compound interest onRs.10,000 in 2 years at 4% per annum,the interest being compounded half-yearly?

Explanation:

Principal = Rs. 10000; Rate = 2% per half-year; Time = 2 years = 4 half-years.

Amount == Rs. 10824.32.

Rs.[10000(1+2100)4]=Rs.[10000515051505150*5150]

C.I. = Rs. (10824.32 – 10000) = Rs. 824.32.