Mathematics · Interest
The compound interest on Rs. 12,000 for 9 months at 20% per annum, interest being compounded quarterly, is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2089.70
- 2Rs. 2136.00
- 3Rs. 1750.00
- 4Rs. 1891.50✓
Correct answer
Rs. 1891.50
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