Compute the amount and the compound interest in each of the following by using the formulae when, Principal = Rs. 10000, Rate =20%   per annum compounded half-yearly, Time 2 years

# Compute the amount and the compound interest in each of the following by using the formulae when, Principal = Rs. 10000, Rate   per annum compounded half-yearly, Time 2 years

1. A
The amount and compound interest are Rs.15641 and Rs.2641.
2. B
The amount and compound interest are Rs.24641 and Rs.3641.
3. C
The amount and compound interest are Rs.44641 and Rs.3641.
4. D
The amount and compound interest are Rs.14641 and Rs.4641.

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### Solution:

Given,
The formula for compounded half yearly is,
Compound interest,
Hence, the amount and compound interest are Rs.14641 and Rs.4641.
Hence, the correct option is 4.

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