Mathematics · Compound Interest
If the annual interest rate is 25%, what will be the compound interest on Rs. 8,800 for 1 year, compounded semi-annually?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,735.50
- 2Rs. 3,337.50
- 3Rs. 2,337.50✓
- 4Rs. 2,557.50
Correct answer
Rs. 2,337.50
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