A sum of ₹1250 is deposit in bank at 8% rate of interest p.a. compounded half yearly for 1 year. what will be the interest earned in a year?
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principal- 1250 r=8%per annum r= 8/2=4% per- half yearly time =1 year time=1×2=2 half yearly. CI=1250×
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answer is 102rs
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