A bank offers 5% compound interest calculated on half- yearly basis. A customer deposits 1600 ea...

[@Sindhupriya00]

Answer is more confusion

[@raghavyaduvansi567]

But this is wrong

[@SunilKumar-qo6oy]

Sir it is bit confusing

[@lightstudy9596]

Thank you sir

[@emitpro6884]

U dont know how to explain

[@jyotibhoi5542]

Ye question kis book ka hei koi batayega please?

[@biswajitbehera8511]

Rs agarwal

[@amitkhatana0007]

Rakesh Yadav SSC 7300+
Question no. 65 👍

[@parultiwari1873]

Best

[@Bhomkuruahanmi]

How come 1/40

[@mannpreetkalra]

5/2% means 5/200 means 1/40..

[@shreyamukherjee9100]

But I am confused why they are dividing 5 by 2 ? In qstn, it's there that 5% calculate on "half-yearly" basis.

[@abhirajmukherjee1403]

@@mannpreetkalra yes plzz reply i am confused too

[@abhirajmukherjee1403]

@@NavjotKaur-kx3dp but why the 1/2?

[@deepaksharma5831]

Ye ratio method s ho jayga ky

[@bsmeena4324]

Cyou dont know to explain

[@Brunodogworld]

Thankyou 👌