alleryStart learning →Rs 10,000 at 20% a year compounded half-yearly for one year becomes?
ARs 12,400
BRs 12,000
CRs 11,000
DRs 12,100
Answer & Solution
Correct answer: D. Rs 12,100
Each half-year earns 10%, so 10,000 x 1.1 x 1.1 = Rs 12,100.
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