A sum of Rs. 50,000 is invested in a bank deposit for 1 year at an interest rate of 10% per annum, compounded on a half - yearly basis. What is the amount of interest at the end of 1 year?

A sum of Rs. 50,000 is invested in a bank deposit for 1 year at an int

1.	A sum of Rs. 50,000 is invested in a bank deposit for 1 year at an interest rate of 10% per annum, compounded on a half - yearly basis. What is the amount of interest at the end of 1 year?
A.	5125
B.	5250
C.	5500
D.	5150
Answer» B. 5250

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A sum of Rs. 50,000 is invested in a bank deposit for 1 year at an interest rate of 10% per annum, compounded on a half - yearly basis. What is the amount of interest at the end of 1 year?

A sum of Rs. 50,000 is invested in a bank deposit for 1 year at an interest rate of 10% per annum, compounded on a half - yearly basis. What is the amount of interest at the end of 1 year?

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