Mathematics · Compound Interest
Compute the compound interest when the principal amount is Rs. 100, the rate of interest is 20% per annum compounded half-yearly, and the time period is 1.5 years.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 27.3
- 2Rs. 60.4
- 3Rs. 44.5
- 4Rs. 33.1✓
Correct answer
Rs. 33.1
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