- A1261
- B1200
- C1240
- D1281
Step-by-Step Solution
Half-yearly rate = 5%, periods = 3. Amount = . CI = 9261 − 8000 = ₹1261.
Answer: A) 1261
Interest is compounded half-yearly at 10% per annum on a deposit of ₹8000. What is the compound interest (in ₹) after 1½ years?
Competition practiceSimple & Compound Interest
Master this topic in 30 minutes a day.
Don't just memorise the answer — build a daily practice habit.
Practice 5 Similar Questions Free →All Simple & Compound Interest practice questions
More Simple & Compound Interest practice
On a certain sum, the compound interest for 2 years at 5% per annum is ₹1025. What is…At simple interest a sum becomes 1.6 times itself in 6 years. In how many years will it…The compound interest on a sum for 2 years at 20% per annum (compounded annually) is…On a certain sum, the compound interest for 2 years at 7% per annum (compounded…On ₹12,500 for 2 years at 8% per annum, by how many rupees does the compound interest…