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Find compound Intrest on rs 5000 at 12%pa if 1 1/2 years if interstitial is compounded half year |
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Answer» :- Given :- Principal, P = Rs. 5000Rate of interest, R = 12% TIME = 1.5 yearsTo Find :- Compound interest invested HALF yearlySolution :- We KNOW that, Substituting the VALUES :- ➩ ➩ ➩ ➩ ➩ ➩ ➩ ⠀⠀Compound interest = Amount - Principal = 5,955.08 - 5000= 955.08 ⠀⠀Compound interest = ₹ 955.08 |
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