The C.I on Rs.10000 at 8%p.a for 6 months compounded quarterly is
Rs.408
Rs.10404
Rs.404
Rs.400
Answers
Answered by
0
Answer:
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Answered by
3
Answer:
404
Step-by-step explanation:
R=8/4=2%(quarterly)
P=10,000
n=2 (quarters) 6 months
A=P(1+r/100)^n
A=10,000(1+2/100)^2
10,000×(51/50)^2
10,000×51/50×51/50=26010000/25=10404
C.I=A-P
C.I=10,404-10,000
C.I=404 (ans)
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