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What is the compound interest (in Rs) on Rs. 5000 at the rate of 12% per annum compounded half yearly for \(1 \frac{1}{{2}}\) years?1). 955.082). 945.253). 962.584). 952.8 |
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Answer» T = $(1 \FRAC{1}{{2}})$= 3/2 YEARLY = 3 half yearly R = 12% per annum = 6% per half yearly P = Rs. 5000 $(C.I = P [(1+\frac{R}{{100}})^T - 1] \\\Rightarrow C.I = 5000 [(1+\frac{6}{{100}})^3 - 1] \\ \Rightarrow C.I = 5000 \TIMES [\frac{23877}{{125000}}])$ ⇒ C.I = 23877/25 ∴ C.I = 955.08 |
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