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A man borrowed Rs. 25,000/- what total amount would he pay after one year, ifthe rate ofinterest is 20% annual and is compounded halfyearly. |
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Answer» thanku . but it is not a correct answer . correct answer is Rs.609 dear student are you sure about the answer you are providing because after 1 year man has to pay the money with interest money also so the amount to be paid will be more then the amount he has borrowed As interest is also 20% and it is compounded half yearly. |
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