Mathematics · Compound Interest

Find the compound interest on ₹25,000 at 24% per annum for one year if the interest is compounded half-yearly.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹6,360✓
2₹7,568
3₹9,564
4₹31,360

Correct answer

₹6,360

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Find the compound interest on ₹25,000 at 24% per annum for one year if the interest is compounded half-yearly.

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Find the compound interest on ₹25,000 at 24% per annum for one year if the interest is compounded half-yearly.

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