the compound interest on 5000 for 1 year at 4%p.a., the interest being compounded half yearly is
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P = ₹5000,rate = 4% per annum = 2% per half year, time = 1 year = 2 half years
∴ amount = 5000×(1+2/100)×(1+2/100)
=₹5,202
∴C.I = ₹(5202-5000)
=₹ 202
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