Question

Ram invested for rupees 30000 at interest of 12 %per. a. compound half yearly what amount would he get after 1 year

Answer 1

Answer: P = 30000  R% = 12%  T = 1

We know, A= P( 1+ R/200) to the power 2

therefore, A=  30000( 1+ 12/200) to the power 2

A= 30000 x 53/50 x 53/50

A = 120 x 53 x 53

A = Rupees 33708

Therefore required amount(A) = 33708

NOTE -  THE Rate% is divided by 200 because it is compounded half yearly and  the time period is 2 becuz of the same reason.

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Answer 2

Step-by-step explanation:

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