Mathematics · Compound Interest

If the amount is ₹400 and the principal is ₹100 compounded half-yearly for 1 year, what is the annual interest rate?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

120%
22%
3200%✓
410%

Correct answer

200%

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If the amount is ₹400 and the principal is ₹100 compounded half-yearly for 1 year, what is the annual interest rate?

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If the amount is ₹400 and the principal is ₹100 compounded half-yearly for 1 year, what is the annual interest rate?

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