Home
Class 14
MATHS
The compound interest on Rs. 8,000 at th...

The compound interest on Rs. 8,000 at the rate of `10%` per annium, compounded half yearly for `1(1)/(2)` years is

A

Rs 1,000

B

Rs 1,100

C

Rs 1,200

D

Rs 1.261

Text Solution

Verified by Experts

The correct Answer is:
D
Promotional Banner

Similar Questions

Explore conceptually related problems

The amount that Ram will pay on Rs. 8000 at the rate of 10% per annum compounded half-yearly for 1 (1)/(2) yr is

Find the compound interest on Rs 5000 for 1 year at 8% per annum, compounded half-yearly.

Find the compound interest on Rs. 8000 at 8% per annum for 2 years, compounded half-yearly.