Question

Gaurav deposited Rs. 10000 in a bank for one year in Fixed Deposit. The bank pays 10% interest per annum and the interest is calculated half yearly. What amount will he receive after one year ? Rs. 11025 Rs. 10025 Rs. 1025 Rs. 10500​

Answer 1

Answer:

11025

Step-by-step explanation:

Answer 2

10%of 10000 is 1000 which is for 1 year

and half for 1000 is 500 so we'll add 500 in 10000 =10500