samir investigated Rs. 15000 at the rate of interest 10% p.a. for 1year. If the interested compound every six months. What amount will Samir get at the end of the year?
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Answer:
Rs.8250
Step-by-step explanation:
P=Rs.15000
R=10%
T=1 year
C.I=6 months
=6/12
=1/2
A=P (1+R/100)"t
=Rs.15000(1+10/100)"1
= Rs.15000 ×110/100
=Rs.16500
C.I Every 6 months =Rs.(16500×1/2)
=Rs.8250
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