Hariharan a social worker invested Rs 60,000 at an interest rate of 12% per annum compounded half yearly. He always donates the interest earned from it to the poor people. How much interest he would donate after lyear? What value is incorporated in the question?
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Answer:
He will donate:-
Step-by-step explanation:
12/100 * 60000
=Rs. 7200 is the money earned as interest which he will donate for charity.
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