what is the compound interest of 50,000 for 6 months at 5%.
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Answer - ₹15, 000
Step-by-step explanation:
Principle = ₹ 50,000
Rate = 5%
Time = 6 months
C. I. = P×R×T /100
= 50000 × 5 × 6 / 100
= ₹15000
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