Question

u DS 11.
6. Mohd. Aslam purchased a house from Avas Vikas Parishad on credit. If the cost of the
house is 125000 and the Parishad charges interest at 12% per annum compounded
half-yearly, find the interest paid by Aslam after a year and a half.​

Answer 1

Answer:

If the cost of the house is Rs 125000

The Parishad charges interest at 12% per annum compounded half-yearly

find the interest paid by Aslam after a year and half.

Here

⇒principle = Rs 125000

⇒rate = 12%

⇒per annum = 6% per half-year

∴ Compound interest

⇒ Rs (148877– 1250000

⇒Rs 23877

Explanation:

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