the time in which RS. 80000 amounts to RS. 92610 at 10 percent annum compound interest, interest being compounded semi- annually is.
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92610=80000 (I+5/100) 2n
(I+5/100) 2n=92610 / 80000
I.05^2n = 1.157625
1.05^2n = 1.05^3
2n=3, n = 3/2 =1 1/2yrs
Time = I 1/2 yrs
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