what amount is to be repaid on a loan of rs 10000 for 2 1/2 years at 10% per annum compounded annually
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p=10000
r=5% per half yearly
t= 1 half year
now,
amount=10000{1+5/100}^1
=10000×21/20
=21×500
=10500
therefore,
amount = ₹10,500
Answered by
0
Answer: Rs.11,000
Step-by-step explanation:
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