Mathematics · Compound Interest

Find the compound interest (in ₹, rounded off to the nearest integer) on ₹2,55,000 in 1.5 years at 8% per annum, the interest being compounded half-yearly.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

134,180
231,480
331,840✓
432,480

Correct answer

31,840

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Find the compound interest (in ₹, rounded off to the nearest integer) on ₹2,55,000 in 1.5 years at 8% per annum, the interest being compounded half-yearly.

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Find the compound interest (in ₹, rounded off to the nearest integer) on ₹2,55,000 in 1.5 years at 8% per annum, the interest being compounded half-yearly.

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