Gaurav invested Rs. 15000 at 12% per annum compounded half-yearly for 1 year and Rohan invested Rs. 15000 at 12% per annum compounded yearly for 1 year. The difference between the interest which Gaurav and Rohan received is
Answers
Answered by
0
Answer:
p= Rs. 15000; R=10% p.a =5% per half-year; T=1 year =2 half-years.
∴ Amount =[15000×(1+
100
5
)
2
]
= Rs. (15000×
20
21
×
20
21
)
=16,537.50
Step-by-step explanation:
Mark me as the brainleast
Similar questions