Question

Insurance company offers 10% compound interest per half year. Sumit deposits rs. 3600 each on 1st january and 1st july of a year. At the end of the year, the amount sumit would have gained by way of interest is:

Answer 1

The answer is this question is Rs.549 ! ! ! ! ! !  ! ! ! !! !

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Answer 2

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BY THE FORMULA


₹ 549 is the interest

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