Answer:
Rs 1,073.56
Step-by-step explanation:
The computation of the compound interest is shown below:
Compound interest = Principal (1 + rate of interest)^time period - Principal
= Rs 10,000 × (1 + 17 ÷ 2%)^1.25 - Rs 10,000
= Rs 10,000 × (1 + 0.085)^1.25 - Rs 10,000
= Rs 11073.56 - Rs 10,000
= Rs 1,073.56
The 1.25 come from
1 year & 3 months
= 5 by 4
