Vikas borrowed rupees 25000 from his friend at 20% per annum compounded half yearly find the amount of money which will discharge his debth after one and a half years.
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Answer:33275
Step-by-step explanation:
A=P(1+R/100)^N
A=25000(1+10/100)^3 (BECAUSE WHEN WE CALCULATE CI HALF YEARLY )
A=25000*110/100*110/100*110/100
A=25*1331
A=33275
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