Question

A sum becomes 13 times of itself when invested for 60 years at r% simple interest per annum. Find the compound interest earned if Rs. 20,000 is invested at r% per annum when interest is compounded half yearly, for 1.5 years.

A Rs 5240
B Rs 6620
C Rs 7050
D Rs 7880
E None of these
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)