Question

Calculate the final amount Poonam will receive if she invests Rs. 2,500 at a compound interest rate of 80% per annum, compounded quarterly, over a period of 9 months. 

A Rs. 4,320
B Rs. 3,960
C Rs. 3,750
D Rs. 4,040
Practice Next

More Simple and compound interest Questions

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)