Q&A

1) Pratap took a loan of RS. 80,000 from a bank. If the rate of interest is 10% per – Question

Question:

1) Pratap took a loan of RS. 80,000 from a bank. If the rate of interest
is 10% per annum. Find the difference in amounts he would be paying
after 11
2
years if the interest is
(a) Compounded annually
(b) Compounded half- yearly.
2) Gopi invested RS. 60,000 at an interest rate of 12% per annum compounded
Half-yearly. What amount would she get.
(a) After 6 months?
(b) After 1 years.​

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