# John purchased a house from a builder for Rs 125000.He paid interest at 12% per annum,compounded half-yearly . What amount will discharge his debt after a year and half ?

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by Slayer

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by Slayer

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=125000*( 1 + 6/100 )^3 -1

= RUPEES.23877.

SINCE, IN HALF YEARLY RATE BECOMES HALF AND TIME GETS DOUBLED.