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If principal = Rs 1,00,000. rate of interest = 10% compounded half yearly. Find amount after 6 months. -

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Question

If principal = Rs 1,00,000. rate of interest = 10% compounded half yearly. Find amount after 6 months.

Sum

Solution

Principal (P) = ₹ 100000

Rate of interest (R) = 10% compounded half-yearly

Amount after 6 months = ₹ 105000

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