A) Rs. 4900
B) Rs. 4921
C) Rs. 4810
D) Rs. 4700
Correct Answer: B
Solution :
We have, Principal \[\text{=Rs}\text{. 64000}\] Rate = 5% per annum \[\text{=}\frac{5}{2}%\] per half yearly Time = \[1\frac{1}{2}\] years \[=\left( \frac{3}{2}\times 2 \right)\] half years =3 half years Now, Amount \[=64000{{\left( 1+\frac{5}{200} \right)}^{3}}\] \[\Rightarrow \text{Amount =Rs}\text{. 68921}\] Compound interest \[\text{=68921-64000=Rs}\text{. 4921}\]You need to login to perform this action.
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