Mathematics · Compound Interest
A sum amounts to ₹37,044 in 3 years at 5% p.a., interest being compounded yearly. If the same sum amounts to ₹x in 16 months at 12% p.a., when the interest is compounded 8-monthly, then the value of x is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 133247.80
- 237324.80✓
- 332374.80
- 438724.30
Correct answer
37324.80
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