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    • Question

      A certain sum amounts to ₹ 25,300 in 2 years at 7.5%

      pa., simple interest. What will be the compound interest on the same sum for the same period at double the rate, if the interest is compounded 8-monthly?
      A ₹7,248 Correct Answer Incorrect Answer
      B ₹7,282 Correct Answer Incorrect Answer
      C ₹7,284 Correct Answer Incorrect Answer
      D ₹7,372 Correct Answer Incorrect Answer

      Solution

      The correct answer is B

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