calculate the compound intrest on rupees 20000 at 8percent per annum for one year if the rate of intrest is compounded half yearly
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1st year=SI=20000×1×8÷100×2=₹800
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Answer:
400
Step-by-step explanation:
Half year salary=10000
Compound interest=, 10000*4/100
=100*4
=400
So half year salary add compound interest =10400
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