alleryStart learning →Rs 10,000 at 10% a year, compounded half-yearly. Amount after one year?
ARs 11,050
BRs 11,000
CRs 11,025
DRs 11,100
Answer & Solution
Correct answer: C. Rs 11,025
Half-yearly rate is 5 per cent, so 10000 x 1.05 x 1.05 = 11,025.
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