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of uleu1. Govind borrowsat 10% simplevests the moneySincsecondm.indest. He immediately invests theborrowed at 10% compoundcompounded half-yearly. How mydoes Govind gain in one year ?ompound intereslow much moneyof |
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Answer» P=18000rsR=10%T=1 yearS.i. =P *R*T/10018000*10*1/100=1800rsCompounded halfyearlyP =18000 rsT=2 half yearsR=5%A=p[1+r/100]^t=18000[1+5/100]^2=18000[21/20]^2=18000*21*21/400=45*441=19845rsC.i.=19845-18000=1845rsMoney he gained =1845-1800=45rs P=18000rsR=10%T=1 yearS.i. =P *R*T/10018000*10*1/100=1800rsCompounded halfyearlyP =18000 rsT=2 half yearsR=5%A=p[1+r/100]^t=18000[1+5/100]^2=18000[21/20]^2=18000*21*21/400=45*441=19845rsC.i.=19845-18000=1845rsMoney he gained =1845-1800=45rs |
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