Mathematics · Compound Interest
The compound interest on a sum of ₹ 20,000 for 112 years at 10% per annum, compounded semi-annually, is:
- 1Rs. 6,305
- 2Rs. 1,576.25
- 3Rs. 3,152.50✓
- 4Rs. 3,100
Correct answer
Rs. 3,152.50
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