Mathematics · Compound Interest
What is the compound interest on Rs. 10,000 for 1 year at 6% per annum if the interest is compounded half-yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 703
- 2Rs. 600
- 3Rs. 609✓
- 4Rs. 1236
Correct answer
Rs. 609
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