Question

Raghu deposited Rs. 125000 in a bank account for 1 year at the rate of 14 % per annum. How
much amount will he get at the end of the period, the interest being compounded half yearly?

Answer 1

Step-by-step explanation:

P = ₹125000

R= 14%

T= 1

S.I. = P*R*T / 100

= 125000 x 14 x 1 / 100

= ₹ 17000

A= S.I. + P

A = 17000 + 125000

= ₹ 142000