A) Rs. 636.80
B) Rs. 824.32
C) Rs. 912.86
D) Rs. 828.82
Correct Answer: B
Solution :
Given that \[P=Rs.\,10000,\] \[n=2\,yr,\] \[r=4%\] For half yearly n = 4 half years \[r=2%\] \[CI=P\left[ {{\left( 1+\frac{r}{100} \right)}^{n}}-1 \right]\] \[=1000\left[ {{\left( 1+\frac{2}{100} \right)}^{4}}-1 \right]\] \[=1000\left[ \frac{6765201}{6250000}-1 \right]\] \[=1000\left[ \frac{515201}{6250000} \right]=Rs.\,824.32\]
You need to login to perform this action.
You will be redirected in
3 sec
