Challenger App

No.1 PSC Learning App

1M+ Downloads

Find the compound interest on ₹20,000 at 20% p.a for 1121\frac12 years compounded half-yearly.

A₹6,620

B₹7,620

C₹5,620

D₹4,620

Answer:

A. ₹6,620

Read Explanation:

image.png

Related Questions:

2500 രൂപയ്ക്ക് 3% കൂട്ടു പലിശ കണക്കാക്കിയാൽ 2 വർഷത്തിനുശേഷം എത്ര പലിശ കിട്ടും ?
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.
രാജേഷ് 2.5% കൂട്ടുപലിശ നിരക്കിൽ ഒരു ബാങ്കിൽനിന്ന് 4000 രൂപ ലോണെടുത്താൽ 2 വർഷം കഴിഞ്ഞ് അയാൾ തിരിച്ചടയ്ക്കേണ്ട തുക?
The compound interest on ₹40,000 at 6% per annum is ₹4,944. What is the period (in years) for which the amount is invested?
Find Compound interest earned in 1 year on a sum of Rs 25,000 at 20% per annum compounded semi - annually.