Mathematics · Compound Interest
A sum of ₹9,000 amounts to ₹11,979 at x% p.a. for 112 years, interest compounded semi-annually. What will be the compound interest on the same sum at the same rate for 2 years, if interest is compounded yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹3,960✓
- 2₹3,860
- 3₹3,890
- 4₹3,980
Correct answer
₹3,960
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