Question
In how many months will Rs 8,000 yield Rs 2,648 as
compound interest at 20% per annum compounded semi-annually?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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