Question

sirish borrowed a sum of 163840 at 12.5% per annum compounded annually on the same date he lent out the same amount to sahwj at the same rate of intrest but compounded half yearly find his gain after 2years​

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

Principal -163840;Rate -12.5%

A=P (1+r/100)n

=163840 (1+12.5/100)2

=163840(112.5/100)2

=2048*22.5*4.5=207360

Cl per annum =207360-163840=43520

Cl half yearly =12.5/2=6.25

A=P (1 + r/100)n

=163840 (1+6.25/100)4

=208802.5

Cl half yearly = 208802.5 -163840=44962.5

GAIN AFTER 2 YEARS =44962.5-43520=1442.50

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