Shyam deposited in a bank Rs 7500 for 6 months at the rate of 8% interest compounded quarterly. Find the amount he received after 6 months.

Explanation

To find the amount Shyam received after depositing Rs 7500 for 6 months at an interest rate of 8% compounded quarterly, we can follow these steps:

### Step 1: Identify the given values
- Principal (P) = Rs 7500
- Rate of interest (R) = 8% per annum
- Time (T) = 6 months

### Step 2: Convert the time into quarters
...