App Logo

No.1 PSC Learning App

1M+ Downloads
Calculate the compound interest on ₹72,000 at the rate of 9% per annum for 18 months when interest is compounded half yearly (rounded off up to the nearest ₹).

A₹10,164

B₹10,557

C₹10,475

D₹10,361

Answer:

A. ₹10,164

Read Explanation:

₹10,164


Related Questions:

The difference between simple and compound interests, compounded annually, on a certain sum of money for 2 years at 5% per annum is ₹1,600. Find the sum (in ₹).
Calculate the compound interest for Rs. 12,000 for 2 years at 10% compounded annually?.
A sum of money amounts to ₹13,380 after 3 years and to ₹20,070 after 6 years at compound interest compounded annually. Find the sum
Find the CI, if Rs 1000 was invested for 1.5 years at 20% p.a. compounded half yearly.
If a sum of money placed at compound interest, compounded annually, doubles itself in 5 years, then the same amount of money will be 8 times of itself in