1c:I[1254,["7330","static/chunks/d3ac728e-78c3d5d7a486ed3a.js","5159","static/chunks/5159-48592f0bf1a47f9d.js","8175","static/chunks/8175-f84d59b9bd013e10.js","8167","static/chunks/8167-b25693a0140130f2.js","664","static/chunks/664-bceb0f356f9312eb.js","3703","static/chunks/app/practice-question/%5Bslug%5D/page-d1408559b663b83f.js"],"PracticeQuestionCard"] 1b:T4bc,{"@context":"https://schema.org","@type":"QAPage","name":"In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest…","url":"https://vidyalelo.com/practice-question/in-what-time-will-rs-3300-becomes-rs-3399-at-6-percent-per-annum-interest-compounded-half-yearly-43","keywords":"practice questions, MCQ, MCQs with answers, objective questions, competitive exam questions, Competitive Exams, Competitive Exams MCQ, Competitive Exams MCQs, Competitive Exams questions, Competitive Exams practice questions, Aptitude, Aptitude MCQ, Aptitude MCQs, Aptitude questions, Aptitude practice questions, Interest","mainEntity":{"@type":"Question","name":"In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest…","text":"In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Option A. 6 months. Answer & Solution Answer: Option A Solution: & P = Rs.\\,3300 & A = Rs.\\,3399 & R = 6\\% \\, per\\, annum & Let\\, the\\, time\\, be\\, n\\, years . & Compound\\, interest\\, is\\, taken\\, half - yearly. & A = P × [ 1 + ( R/2 × 100 ) ]^2n & 3399 = 3300 ( 1 + 3100 )^2n & ( 1.03 )^2n = 339933…"}}}1d:T46e,

Answer & Solution

Answer: Option A

Solution:

$$\eqalign{ & P = Rs.\,3300 \cr & A = Rs.\,3399 \cr & R = 6\% \,{\text{per}}\,{\text{ann