the compound interest on rupees to 20000 photo years at 20% per annum when compounded half yearly is
1) rupees 7000
2) rupees 6816
3) rupees 9282
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Answer:
Clear Questions - The C.I on Rs 20000 for 2 years at 20% p.a when compounded half yearly is -?
Step-by-step explanation:
T - 4 yr , R - 10%
CI-
by Multiplying factor method,
20000× 1/10 = 2000 ×4 = 8000
2000× 1/10 = 200 ×6 = 1200
200× 1/10=20 ×4 = 80
20× 1/10 = 2 × 1 = 2
C.I - Rs.9282
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