Kriday invested ₹ 60,000 on interest at the rate of 12% per annum compounded half yearly. What amount would he get after 18 months?
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Answered by
0
Answer:
1800000 this is the answer
Answered by
1
Step-by-step explanation:
Given
interest= Rs.60000
Rate=12%
Time=18months = 18 = 3 yrs
12 2
Principal= Interest×100
Rate×Time
= 60000×100×2
12×3
= Rs.250000
so, amount= interest+principal
= Rs(60000+250000)
= Rs310000
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