📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    A sum of money was invested at 10% interest per year,

    compounded half-yearly, for 18 months. If the amount payable on maturity was ₹64,827, what was the sum invested?
    A ₹55,600 Correct Answer Incorrect Answer
    B ₹56,000 Correct Answer Incorrect Answer
    C ₹56,800 Correct Answer Incorrect Answer
    D ₹56,500 Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next

    Relevant for Exams:

    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call