Math, asked by meghabrnly, 3 months ago

Mohan deposited 50,000 in a bank
at the rate of 6% interest compounded
half yearly. How much will he get after 1
year?

Answers

Answered by Adioibraheem

1

Answer:

#3000

Step-by-step explanation:

Using the formula for Simple interest

S.I = PRT/100

P=50000

R=6%

T=1

S.I = 50000*6*1/100

S.I= #3000

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