If the intrest is compounded half yearly
Calculate the amount when principle is
Rs.4oo, the rate of intrest is 5•/•per
annum and the duration is 1 year.
Answers
Answered by
1
Answer:
Simple interest = 27250 – 25000 = 2250
Time = 3 years.
SI = PTR / 100 → R = SI * 100 / PT
R = 2250 * 100 / 25000 * 3 → R = 3%.
Answered by
0
Answer:
Amount after half year
400+400*2.5/100
=410
Amount after 1year
410+420*2.5/100
=420.25
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