Mathematics · Compound Interest
If a 10% per annum rate of compound interest compounded yearly is equivalent to a rate of interest of x% per half-year when the compound interest is compounded half-yearly, then what is the approximate value of x?
- 14.55 percent
- 24.88 percent✓
- 35.32 percent
- 46.25 percent
Correct answer
4.88 percent
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Compound Interest