Compound Interest Important Concept | Rakesh Yadav Book Solution | Knowledge Point |
We are providing you the solution of one of the most asked type of Compound Interest where rate is per annum but compounded monthly or half yearly or quarterly .
This question is taken from the book of Rakesh Yadav Classnotes . (SSC CGL 2020 ) .
The compound interest on a sum of ₹ 5,500 at 15% p.a for 2 years, when the interest compounded 8 monthly is :
a) ₹ 1,880 b) ₹ 1,820.50 c) ₹ 1,773.75 d)₹ 1,850
₹ 5,500 की राशि पर वार्षिक 15% की दर से 2 वर्ष में प्राप्त चक्रवृद्धि ब्याज ज्ञात कीजिए, जब ब्याज की गणना हर 8 महीने पर चक्रवृद्धि आधार पर की जाती है।
a) ₹ 1,880 b) ₹ 1,820.50 c) ₹ 1,773.75 d)₹ 1,850
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