plzzz tell step by step
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hey..plz post a clearer picture
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Answer:
25 Rs
Step-by-step explanation:
Principal = 10000 Rs
Rate = 10% p.a.
Time = 1 year
Interest = (principal*Rate*time) ÷100
Interest = (10000*10*1)÷100
int. = 1000 Rs
If compounded half yearly
principal (p) =10000 Rs
rate (r) = 10÷2 = 5% (half yearly)
time (n) = 1 year
Compound Interest =
compound Interest = 1025
Difference between both interests = (1025 - 1000) = 25
so, Compound Interest on the sum is 25 Rs more than the simple interest.
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