Question

Reshma borrowed Rs. 18000 at 10% simple interest. She immediately invested this money at

10% compound interest compounded half yearly. What is Reshma’s gain in 18 months?​

Answer 1

Answer:

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jrm

Step-by-step explanation:

hdjgipuunkbxmlflfidk

jdmf

Answer 2

Answer:

45rs

Step-by-step explanation:

P=18000rs

R=10%

T=1 year

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

18000*10*1/100=1800rs

Compounded halfyearly

P =18000 rs

T=2 half years

R=5%

A=p[1+r/100]^t

=18000[1+5/100]^2

=18000[21/20]^2

=18000*21*21/400

=45*441=19845rs

C.i.=19845-18000=1845rs

Money he gained =1845-1800=45rs