Question:
Find the compound interest on Rs. 1000 at the rate of 20% per annum for 18 months when interest is compounded half yearly.
Find the compound interest on Rs. 1000 at the rate of 20% per annum for 18 months when interest is compounded half yearly.
Updated On: Oct 24, 2024
- Rs. 331
- Rs. 1331
- Rs. 320
- Rs. 325
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The Correct Option is A
Solution and Explanation
The correct option is (A):Rs. 331
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