App Logo

No.1 PSC Learning App

1M+ Downloads
Find the compound interest on Rs. 8,000 for 1 1/2 years at 10% per annum if interest is being calculated half yearly:

A1200

B1220

C1241

D1261

Answer:

D. 1261


Related Questions:

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?
A certain sum grows upto 4840 in 2 years and upto 5324 in 3 years on compound interest. Find the rate percent.
What amount will Jatin get at the end of 3 years if he has invested Rs. 5000 and the rate of interest is 4% for the first year, 3% for the second year and 2% for the third year?
A man deposited Rs. 5,000 in a Bank which gives 12% interest compounded half yearly. How much he get back after one year?
കൂട്ടുപലിശ കണക്കാക്കുന്ന ബാങ്കിൽ 8000 രൂപ നിക്ഷേപിച്ചു. 2 വർഷം കൊണ്ട് 9680 രൂപ,ആയാൽ പലിശ നിരക്ക് എത്