what is the compound interest when principle is rs2000, at the rate 20% of time 1 and 1/2 years per annum compounded half yearly
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Answer:
80,000 amount to Rs. 96800 in 2 years at the rate of 20% p.
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Answer:
rs662 is the CI
Step-by-step explanation:
A=2000(1+20/200)^3
or, (2000×1331/1000)
or, 2×1331=2662
CI=2662-2000
or, 662
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