(vi) Principal = Rs 10000, Rate 20% per annum compounded half-yearly,time=2years
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Step-by-step explanation:
Given,
P=10000
R=20%
time=2years
half yearly rate=1/2×20=10%
Amount=P (1+r/100)^n
10000 (1+10/100)
10000 (110/100)
10000×110/100
=11000
CI = A-P
=11000 - 10000
=1000
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