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Find the compound interest on Rs 1600...

Find the compound interest on Rs 16000 at 20% per annum for 9 months compounded quarterly.

Answer

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Knowledge Check

  • Find the compound interest on Rs. 2000 at 12% per annum for 9 months compounded quarterly

    A
    (a) Rs 185.454
    B
    (b) Rs 185
    C
    (c) Rs 190
    D
    (d) Rs 180
  • Find compound interest on Rs 50000 at 12% per annum for 6 months, compounded quarterly.

    A
    Rs 3045
    B
    Rs 2875
    C
    Rs 3125
    D
    Rs 2965
  • The compound interest on Rs 40000 at 6% per annum for 6 months, compounded quarterly, is

    A
    Rs 1209
    B
    Rs 1902
    C
    Rs 1200
    D
    Rs 1306
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    Find compound interest on 50000 at 12% per annum for 6 month, compounded quarterly.