Mathematics · Compound Interest
Naresh invested ₹41,000 at 20% p.a. for 1 year at compound interest, compounded half-yearly. The amount he will receive at the end of the year is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹49,610✓
- 2₹48,767
- 3₹49,377
- 4₹50,469
Correct answer
₹49,610
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