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What is the compound interest on 20000 at 12%?20000 at 12% compound interest. Therefore, the answer of this question is Rs. 6000.
What is the interest on rupees 40000 compounded annually at 6% per annum for 6 months?64=32% quarteralyPeriod (n) = 6 months = 2 quaters∴ Amount = P (1+R100)n=Rs. 40000 (1+32×100)2=Rs. 40000×203200×203200=Rs. 41209C.I.
How much would a sum of 20000 amount at 12% for 9 months if the interest is being compounded quarterly?21854.54 in 9 months.
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What will be the compound interest on rupees 20000 at 12% per annum for 6 months compounded quarterly?
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