Mathematics · Compound Interest
Rs. 60,000 is being compounded at 30% per annum. Calculate the approximate amount after 2 years if the rate of interest is charged half-yearly.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 86890
- 2Rs. 82520
- 3Rs. 104940✓
- 4Rs. 185540
Correct answer
Rs. 104940
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