Mathematics · Compound Interest

What will be the compound interest (in ₹) on a sum of ₹4,000 for 9 months at 40% per annum, compounded quarterly?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹1,224
2₹1,524
3₹1,324✓
4₹1,424

Correct answer

₹1,324

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What will be the compound interest (in ₹) on a sum of ₹4,000 for 9 months at 40% per annum, compounded quarterly?

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What will be the compound interest (in ₹) on a sum of ₹4,000 for 9 months at 40% per annum, compounded quarterly?

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