Challenger App

No.1 PSC Learning App

1M+ Downloads
Find the CI, if Rs 1000 was invested for 1.5 years at 20% p.a. compounded half yearly.

A300

B331

C500

D600

Answer:

B. 331


Related Questions:

How much will a sum of Rs 2500, invested at compound interest, amount to in 1 year at 4% interest rate, interest compounded half-yearly?
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.
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
15,000 രൂപയ്ക്ക് 10% പലിശ നിരക്കിൽ 2 വർഷത്തേക്കുള്ള കൂട്ടുപലിശ എത്ര?
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 ₹).