The ci on ₹ 50,000 invested for one year, when interest is compounded half yearly at 10% p. A is
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Answer:
₹ 5125
Step-by-step explanation:
P = ₹ 50,000
R = 10%
T = 1
COMPOUNDED HALF YEARLY
P = ₹ 50,000
R = 10% = (10/2)% =5%
T = 1 = 1×2 = 2 years
A = P( 1 + R/100)^n
= ₹ 50,000( 1 + 5/100)²
= ₹ 50,000 ( 1 + 1/20)²
= ₹ 50,000 (21/20)²
= ₹ 50,000 × 21/20 × 21/20
= ₹ 55125
C.I = A - P
= ₹ 55125 - ₹ 50000
= ₹ 5125
HOPE IT HELPS ~~~~~
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