Hafeez invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Hafeez at the end of the year will be?
A. Rs. 16,500
B. Rs. 16,525.50
C. Rs. 16,537.50
D. Rs. 18,150
Related Questions on Compound Interest Mcqs
A. Rs. 565.25
B. Rs. 635
C. Rs. 662.02
D. Rs. 666.50
What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?
A. Rs. 9000.30
B. Rs. 9720
C. Rs. 10123.20
D. Rs. 10483.20
A. Rs. 8600
B. Rs. 8620
C. Rs. 8800
D. Rs. 8840
E. None of these
A. Rs.21.60
B. Rs.24.00
C. Rs.25.20
D. Rs.27.80
E. None of these
A. 4 : 3
B. 3 : 2
C. 6 : 5
D. 7 : 6
E. None of these