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


    Question

    The difference between the simple interest for two years

    and the compound interest for one year on a sum of money is Rs.273. In which compound interest is compounded half-yearly. What will be the amount when the annual rate of interest is 10%?
    A 2400 Rs Correct Answer Incorrect Answer
    B 2700 Rs Correct Answer Incorrect Answer
    C 2800 Rs Correct Answer Incorrect Answer
    D 2850 Rs Correct Answer Incorrect Answer

    Solution

    Let P = 100 Rs Calculation of CI in 1 year (Compounded Half-yearly)

    Practice Next
    ask-question

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

    Get My Free Call