1.

Fill in the blanks to make the statement true.If amount on the principal of Rs 6,000 is written as 6000 [1+5/100]3 and compound interest payable half yearly, then rate of interest p.a. is ____ and time in years is ______.

Answer»

Rate – 10% and 1.5 years

If amount on the principal of 7 6000 is written as 6000 [1 + 5/100]3  of and compound interest payable half-yearly, then rate of interest per annum is 10% and time (in years) is 1 1/2 yr.



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