Ashima took a loan of Rs. 1,00,000
at 12%
p.a., compounded half yearly. She paid Rs.1,12,360.
If (1.06)2
is equal to 1.1236
, then the period for which she took the loan is
A.2 years
B.1 year
C.6 months
D.11.2 years
Ashima took a loan of Rs. 1,00,000
at 12%
p.a., compounded half yearly. She paid Rs.1,12,360.
If (1.06)2
is equal to 1.1236
, then the period for which she took the loan is
A.2 years
B.1 year
C.6 months
D.11.2 years










