Mathematics · Interest
A certain sum amounts to ₹7,535 in 5 years at 7.4% simple interest per annum. If this principal amount is invested for one year at 20% annual interest rate compounded half-yearly, what will the amount become (in ₹)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 16,534
- 26,413
- 36,655✓
- 47,920
Correct answer
6,655
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