Question

The compound interest on Rs. 2000 at the ratio of 20%
per annum for 1 ¹/2 years calculated six monthly basis will be​

Answer 1

Answer:

The compound interest on Rs. 2000 at the ratio of 20%

per annum for 1 ¹/2 years calculated six monthly basis will be:-

5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?

= Rs. 5304. ...

The difference between compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is Rs....

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