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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

Grade:12th pass

1 Answers

Pawan Prajapati
askIITians Faculty 60796 Points
2 months ago
Our expert is working on this Class VII Maths answer. We will update the answer very soon.

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