The Compound Interest (C.I) on Rs 2800 for 1.5 years at 10% p.a is
(a)441.35
(b) 436.75
(c)434
(d)420
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Answered by
2
Answer:
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Answered by
1
Step-by-step explanation:
Compound interest for 1
2
1
year =
C.I. for 1 year + C.I for
2
1
year tacking
new amount.
∴A
1
=P(1+
100
R
)
n
=2800(1+
100
10
)
1
A
1
=3080Rs
A
2
=A
1
(1+
100
R/2
)
2n
(for half yearly).
A
2
=3080(1+
100
10/2
)
2
1
×2
=3080×(1.05)
1
A
2
=3234Rs
∴C.I.=A
2
−P=3234−2800=434Rs
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