Mathematics · Compound Interest
Find the compound interest on Rs. 48,000 for one year at 8% per annum when compounded half-yearly.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 3916.80✓
- 2Rs. 5116.80
- 3Rs. 4912.25
- 4Rs. 3602.50
Correct answer
Rs. 3916.80
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