Mathematics · Compound Interest
What is the compound interest on Rs. 2,50,000 at 16% per annum for 9 months, compounded quarterly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 32,246
- 2Rs. 31,216✓
- 3Rs. 30,612
- 4Rs. 32,126
Correct answer
Rs. 31,216
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