Mukesh borrowed 75000 from a bank. If the rate of interest 12% per annum find the amount he would be paying after 1 and half years if the interest is compounded half yearly
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Answer:
principal-75000
rate of interest- 12%pa
time-1/6 year
S.I- p*r*t/100
75000x12x1/6/100
=1500 ans
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