A) Rs. 16500
B) Rs. 16525.50
C) Rs. 16537.50
D) Rs. 18150
Correct Answer: C
Solution :
\[\text{Principal =Rs}\text{.15000}\] \[\text{Rate=10 }\!\!%\!\!\text{ p}\text{.a}\text{.=5 }\!\!%\!\!\text{ half yearly}\] \[\text{Time=1 year=2 half years}\]\ \[\therefore \] Amount \[\text{=15000}{{\left( \text{1+}\frac{\text{5}}{\text{100}} \right)}^{\text{2}}}\text{=Rs}\text{.16537}\text{.50}\]
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