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Aptitude · Q9

Interest

Competitive Exams · Aptitude · question 9

Q9

Find the compound interest on Rs. 1000 at the rate of 20% per annum for 18 month when interest is compounded half yearly.

A.
Rs. 331
Answer
B.
Rs. 1331
C.
Rs. 320
D.
Rs. 325
E.
None of these

Answer: Option A

Solution

Answer: Option A
Solution: