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    Question

    In how many months will Rs 8,000 yield Rs 2,648 as

    compound interest at 20% per annum compounded semi-annually?
    A 18 Correct Answer Incorrect Answer
    B 24 Correct Answer Incorrect Answer
    C 12 Correct Answer Incorrect Answer
    D 30 Correct Answer Incorrect Answer

    Solution

    10% P.A Semi annually will be 10% for there Question go through with option 10% of 8000 is 800 as we have given that total intrest 2648, si it is almost 3 times 6 months, 3 times will 18 months or you can find the successive of 10% in 3 semi annually which will 33.1% 8000 × 33.1% = 2648 So Answer is 18 months

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