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Find the compound interest on Rs 16000 f...

Find the compound interest on Rs 16000 for 9 months at the rate of 20% if interest is compounded every three months?

A

₹ 2225

B

₹ 2252

C

₹ 2522

D

₹2525

Text Solution

Verified by Experts

The correct Answer is:
C
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Knowledge Check

  • Find the compound interest on Rs 10000 for 1 year and 6 months at the rate of 20% if interest is compounded semi-annually?

    A
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    B
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