Math, asked by soumodeepmondal184, 2 months ago

The interest earned on 20.000 at the
rate of 20% per annum for 1.5 years
if
compounded half-yearly is how much
more than the simple interest earned
on the same amount at the same rate of
interest for the same period.

Answers

Answered by kamalkumarbgs
2

Answer:

Step-by-step explanation:

Principle = Rs.20,000

Rate = 20%

Time = 1.5 years = 3 half years

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Compound Interest = ??

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Rs. 20000 will amount Rs.14560 as CI in 1.5 years at the rate 20% per annum compounded half yearly

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Principle = Rs. 20000

Rate = 20%

Time = 1.5years = 3 half years

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Simple Interest = ??

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Rs. 20000 will amount Rs. 12000 as simple interest in 1.5 years at 20% per annum

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Rs. 14560 > Rs. 12000

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CI > SI

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Compare = Rs. 14560 - Rs. 12000

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Compare = Rs. 2560

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CI is greater than SI by Rs. 2560

Answered by udayphrj
1

The answer is 34560 - 26000 = 8560.

It took a long time. Hope you got the brainliest answer.

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