Question

A sum of ₹9,800 was invested for a year at 10% interest per annum, compounded half-yearly. What would be the interest payable at the end of the year?

Q: Answer-A sum of ₹9,800 was invested for a year at 10% interest per annum, compounded half-yearly. What woul...

Sum 9800 Rs. Rate 10 per annum. 5 half yearly. Time 1 year 2 half yearly. Compound interest P1r100 t -P 9800151002 -9800 9800441400-9800 10804.5 -9800 1004.5 Rs.

A ₹1,003.50

B ₹1,004.50

C ₹1,005.60

D ₹980

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A sum of ₹9,800 was invested for a year at 10% interest per annum, compounded half-yearly. What would be the interest payable at the end of the year?

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