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On 12000 at 10% per annum compounded half yearly, the interest for the first six months is:
A300
B900
C600
D1200
Answer & Solution
Correct answer: C. 600
1. The half yearly rate is 5%.
2. Five per cent of 12000 is the answer.
3. The interest is 600.
_Source: NCERT Class 8 Mathematics, Chapter 8, Comparing Quantities._
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