Mathematics · Compound Interest
What is the compound interest on Rs. 5,000 for 2 years at 10% per annum, compounded half-yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,320.50
- 2Rs. 1,050.00
- 3Rs. 1,077.53✓
- 4Rs. 1,025.00
Correct answer
Rs. 1,077.53
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