The C.I. on Rs. 1200 for 1 years at 10% p.a., interest being paid half yearly is
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Rs 1323
if it is paid half yearly and 1320 if paid yearly
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Answer:
123
Step-by-step explanation:
By formula
P(1+R/200)^2n
We get 1323 as amount
But for CI
CI=A-P
=1323-1200
=123
Hope it helps you
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