Find the compound interest on ₹35,000 in 2 years at 6% per annum, the interest being compounded half-yearly (nearest to a ₹):
Explanation:
Amount due after 2 years = 350001+6/21002×2 = Rs. 39,393.
∴ Interest = 39,393 - 35,000 = Rs. 4,393.
Hence, option (c).
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