Abha purchased a house from Avas Parishad on credit. If the cost of the house is Rs 64000 and the rate of interest is 5% per annum compounded half-yearly, find the interest paid by Abha after one year and a half.

Explanation

To find the interest paid by Abha after one and a half years on the house she purchased, we will follow these steps:

### Step 1: Identify the given values
- Principal (P) = Rs 64,000
- Rate of interest (R) = 5% per annum
- Time (T) = 1.5 years

### Step 2: Convert the time into half-years
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