Question

17. Mr Arora borowed
ed? 40,960 from a bank to start a play school. If the bank
40,960 from a bank to stay
charges 12
% per annum compounded half-yearly, what amount will he have
to pay after 1 years?​

Answer 1

Answer:

40960+40960=81920

81920-12% = 81932

81932+12=81942 answer