Question

    A sum of ₹7800 amounts to ₹10381.80 at x% pa. in 2

    years when the interest is compounded 8-monthly. What will be the compound interest on the same sum at (x + 5)% p.a. in one year, if the interest is compounded half yearly?
    A ₹1660 Correct Answer Incorrect Answer
    B ₹1638 Correct Answer Incorrect Answer
    C ₹1654 Correct Answer Incorrect Answer
    D ₹1560 Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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