Mathematics · Compound Interest
Param invested ₹P in a scheme offering compound interest at 12% per annum, compounded half-yearly. If he received ₹1,48,877 after 112 years, find the principal value P.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11,40,000
- 21,35,500
- 31,25,000✓
- 41,32,000
Correct answer
1,25,000
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