Mathematics · Compound Interest
A computer is available for ₹76,800 cash or ₹23,840 cash down payment followed by three equal half-yearly instalments. If the interest charged is 20% p.a., compounded semi-annually, then the total interest charged under the instalment scheme is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹10,968
- 2₹10,848
- 3₹10,928✓
- 4₹10,878
Correct answer
₹10,928
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