Mathematics · Compound Interest

Find the compound interest on Rs. 12,000 for 9 months at 20% per annum, compounded quarterly.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 1,891.50✓
2Rs. 1,750.00
3Rs. 2,136.00
4Rs. 2,089.70

Correct answer

Rs. 1,891.50

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Find the compound interest on Rs. 12,000 for 9 months at 20% per annum, compounded quarterly.

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Find the compound interest on Rs. 12,000 for 9 months at 20% per annum, compounded quarterly.

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