₹ 100 for 1 year at 10 % per annum compunded half yerly
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Rate will be made half because amount is compounded half yearly.
C.I. stands for Compound Interest
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Answer:
principal = 100
Time = 1 year×2= 2..Time×2. number of half yearly
Rate = 10% = 10/2 = 5.. R/2 is half yearly
Step-by-step explanation:
Amount= P (1+R/100)n... n is time..
= 100 (1+5/100) ²
= 100 ( 1+1/20)²
= 100 (21/20)²
=100 ×21/20×21/20
= 44100 / 400
= rupees 110.25
C.I = A-P
= 110.25 - 100
= 10.25
Hope it's helpful for you make me briliant
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