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Find the compound interest on Rs 8000 fo...

Find the compound interest on Rs 8000 for 9 months at 20% per annum compounded quarterly.

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To find the compound interest on Rs. 8000 for 9 months at a rate of 20% per annum compounded quarterly, we can follow these steps: ### Step 1: Identify the given values - Principal (P) = Rs. 8000 - Rate of interest (R) = 20% per annum - Time (T) = 9 months ### Step 2: Convert the time into years ...
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Knowledge Check

  • Find the compound interest on Rs 125000 for 9 months at 8% per annum, compounded quarterly.

    A
    7000
    B
    8000
    C
    7651
    D
    8501
  • The compound interest on ₹ 16000 for 9 months at 20% p.a, compounded quarterly is

    A
    ₹ `2518`
    B
    ₹ `2520`
    C
    ₹ `2522`
    D
    ₹ `2524`
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