A certain sum amounts to Rs 15,500 in 2 years at 12 p a simple interest The same sum will amount to what in 1 years at 10 p a , if the interest is compounded half yearly (nearest to Re 1) (A) Rs 14,470 (B) Rs 15,125 (C) Rs 14,360 (D) Rs 13,460 ...

Answer A Solution Given Simple Interest Amount Rs 15500 Rate ...

A certain sum amounts to Rs. 15,500 in 2 years at 12% p.a. simple interest. The same

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A certain sum amounts to Rs. 15,500 in 2 years at 12% p.a. simple interest. The same sum will amount to what in 1½ years at 10% p.a., if the interest is compounded half yearly (nearest to Re. 1)?

(A) Rs. 14,470

(B) Rs. 15,125

(D) Rs. 13,460

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Apr 20, 2023 01:58 AM

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A certain sum amounts to Rs. 15,500 in 2 years at 12% p.a. simple interest. The same

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Income Tax Fundamentals 2013

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