A sum of Rs. 10,000 is invested for a term of2 1/2 years at an interest rate…
2025
A sum of Rs. 10,000 is invested for a term of2 1/2 years at an interest rate of 8% compounded annually.
The amount on maturity will be:
Answer: C. Rs. 12130.56
- A.
Rs. 12520.50
- B.
Rs. 12024.62
- C.
Rs. 12130.56
- D.
Rs. 11664.48
Attempted by 10 students.
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Correct answer: C
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