Calculate the amount and interest on rs 10000 for 1 year at 8% per annum compounded half yearly
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P=10000;n=1 yr and r=8%
A=P(1+r/100)
A=10000(1+8/100)
=10000(27/25)
=10000×27/25
=400×27
=10800
Therefore Amount =Rs.10800
CI=10800-10000
= Rs.800
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