If rs 400 is invested at 10% intetest,per annum compounded half yearly for one year then the amount at the end of first year will be
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principal = 400
time1×2=2 years
rate = 10/2= 5% (interest is calculated in half yearly )
CI =Amount - principal
A= p (1+r/100)^t
A= 400 (1+5/100)^2
A= 400 (105/100)^2
A= 400×105/100×105/100
A= 441 rupee
May it helps you
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