A bank gives 12% per annum interest on an account. If the interest is compounded halfyearly, then _______ of the principal would have been earned more in a year as interest on the account.
A0.36%
B3.6%
C0.18%
D1.8%
No.1 PSC Learning App
★
★
★
★
★
Related Questions:
Find the compound interest on Rs. 18,000 at the rate of 6% per annum in 2 years ?
A sum of Rs. 4500 is lent at compound interest. If the rate of interest is 10% per annum (interest is compounded annually), then what will be the amount after 3 years?
ഹരിയും മാനസ്സും ഒരേ തുക 2 വർഷത്തേക്ക് ബാങ്കിൽ നിക്ഷേപിച്ചു. ഹരി 10% സാധാരണ പലിശയ്ക്കും അനസ് 10% കൂട്ടുപലിശയ്ക്കും. കാലാവധി പൂർത്തിയായപ്പോൾ 100 രൂപ കൂടുതൽ കിട്ടിയെങ്കിൽ എത്ര രൂപ വീതമാണ് നിക്ഷേപിച്ചത് ?
Find the compound interest on ₹80,000 at 10% per annum for 2 years, compounded annually.
Rs.800 becomes Rs.956 in 3 years at certain rate of simple interest.If the rate of interest is increased by 3%,What amount will Rs.800 becomes in 3 years?