- A2000
- B1200
- C2100
- D2200
Step-by-Step Solution
Half-yearly rate = 10%, number of periods = 2. Amount = ₹12100. CI = 12100 − 10000 = ₹2100.
Answer: C) 2100
Find the compound interest (in ₹) on ₹10000 at 20% per annum for 1 year, compounded half-yearly.
Competition practiceRatio, Percentage & Commercial Math
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 Ratio, Percentage & Commercial Math practice questions
More Ratio, Percentage & Commercial Math practice
The average of 11 numbers is 50. The average of the first six numbers is 49 and that of…A trader allows a discount of 12.5% on the marked price and still gains 5%. If the cost…A boat covers 24 km downstream in 2 hours and returns the same distance upstream in 3…A and B start a business with ₹21000 and ₹15000. After 4 months A withdraws ₹3000 and B…A shopkeeper sells two articles for ₹1000 each, gaining 20% on one and losing 20% on the…