what sum invested for 1.5 year compounded half yearly at the rate 8% p.a. will amount Rs.140608?
Answers
Answered by
38
Answer:
125000 Rs
Step-by-step explanation:
Let say Sum invested = P Rs
Time = 1.5 Years = 3 Half Years
Rate of interest = 8 % per annum = 4 % Half yearly
Compounded half Yearly
Amount after 3 Half years =
A = P ( 1 + R/100)ⁿ
=> 140608 = P ( 1 + 4/100)³
=> 52³ = P (1.04)³
=> P = (52/1.04)³
=> P = 50³
=> P = 125000 Rs
Answered by
6
Answer:125000
Step-by-step explanation:
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