1.Calculate the amount and CI on Rs.15000 for 1 years at 10%p.a compounded
half yearly.
please help me
Answers
Answered by
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Step-by-step explanation:
principal= Rs 150000
Time= 1year
Rate=10%
Simple Interest = (Principal*time*rate)/100
simple Interest= (150000*1*10)/100
simple Interest= Rs 15000
Amount= Principal+ Interest
Amount= 150000+15000
Amount= Rs 165000
Compound interest= Final Amount- Original Principal
Compound interest= 165000-150000
so compound interest= Rs 15000
and amount= Rs 165000
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