A person borrowed a sum of Rs. 8000 at t...

A person borrowed a sum of Rs. 8000 at the rate of 10% per annum compounded semi-annually. Find the amount and compound interest for a period of one year.

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The correct Answer is:

Rs 8820, Rs 820

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PEARSON IIT JEE FOUNDATION-SIMPLE INTEREST AND COMPOUND INTEREST -EXAMPLE 9.15

A person borrowed a sum of Rs. 8000 at the rate of 10% per annum compo...
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