Mathematics · Compound Interest
Naresh invested ₹44,800 at 10% p.a. for 1 year at compound interest, compounded half-yearly. The amount received by him after 1 year is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹49,823
- 2₹49,392✓
- 3₹50,286
- 4₹49,290
Correct answer
₹49,392
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