calculate c.i on rs.50000 for 1/1/2 years at 10 persentage p.a.rate when compounded half yearly
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Answer:
Rs2500
Step-by-step explanation:
A=p(1+r/200)^2n
A=50000(1+10/200)^2×1/2
A=50000×21/20
A=52500
C.I=A-P
C.I=52500-50000
C.I=Rs2500
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