Hemant makes a fixed deposit of Rs. 20000 in | vedclass

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(C) Given,Principal $(P) = Rs. 20000$.Rate of interest $(R) = 13 \%$ per annum.Since the interest is $SI$ (Simple Interest),the frequency of compoundi

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$29100$

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(C) Given,Principal $(P) = Rs. 20000$.Rate of interest $(R) = 13 \%$ per annum.Since the interest is $SI$ (Simple Interest),the frequency of compounding (half-yearly) does not change the calculation method for $SI$.Time $(T) = 42 \,months = \frac{42}{12} \,years = 3.5 \,years = \frac{7}{2} \,years$.Formula for Simple Interest: $SI = \frac{P 	imes R 	imes T}{100}$.$SI = \frac{20000 	imes 13 	imes 3.5}{100} = 200 	imes 13 	imes 3.5 = 2600 	imes 3.5 = Rs. 9100$.Amount $(A) = P + SI = 20000 + 9100 = Rs. 29100$.

Hemant makes a fixed deposit of $Rs. 20000$ in Bank of India for a period of $3 \,yr$. If the rate of interest is $13 \%$ $SI$ per annum charged half-yearly,what amount (in $Rs.$) will he get after $42 \,months$?

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