Mathematics · Compound Interest
Find the compound interest on ₹40,000 after 2 years 6 months at 20% per annum, if the interest is compounded half-yearly.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹24,920.40
- 2₹24,420.40✓
- 3₹25,520.00
- 4₹24,820.40
Correct answer
₹24,420.40
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