Karan deposits a sum of rupees 1,00,000 in a bank in a saving account at the rate of 6 per cent per annum SI. After three months he withdraws rupees 50,000 and lends it to his friend at an interest rate of 10 percent per annum compounded half yearly. calculate
a. SI earned by Karan in the whole year
b. Interest paid by his friend after one year
c. total money earned by Karan
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Step-by-step explanation:
After three months he withdraws rupees 50,000 and lends it to his friend at an interest rate of 10 percent per annum compounded ... SI earned by Karan in the whole year
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