A sum of Rs. 10,000.00 (ten thousand) is invested at rate of interest 8% per…

2023

A sum of Rs. 10,000.00 (ten thousand) is invested at rate of interest 8% per annum compounded half yearly. What will be the maturity amount in 1 1/2 years?

Answer: A. Rs 11248.64

  1. A.

    Rs 11248.64

  2. B.

    Rs 10816.20

  3. C.

    Rs 11200.00

  4. D.

    Rs 10108.64

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Correct answer: A

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