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What is the compound Interest on Rs 2012. at 10% rate Compound halteyearlyfor year |
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Answer» ong>Step-by-step explanation: P=Rs. 10000 T=12mon =1 year R=10% p.a. Compounded HALF yearly n=2 ∴A=P[1+ n/r]NNT
=10000[1+2/10]2×1 =10000[2/12]2
=10000×6×6 A=360000 C.I=A−P =Rs. (360000−10000) =Rs. 260000. hope it helps |
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