Mathematics · Compound Interest
Jaspreet invested ₹87,800 at 20% per annum for 1 year at compound interest, compounded semi-annually. What will be the total amount he receives at the end of the year?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹1,07,153
- 2₹1,05,617
- 3₹1,06,238✓
- 4₹1,05,866
Correct answer
₹1,06,238
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