What will be the compound interest on rupees 20000 at 12% per annum for 6 months compounded quarterly?


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Find the compound interest on ...

Updated On: 27-06-2022

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(a) Rs 185.454(b) Rs 185(c) Rs 190(d) Rs 180

Answer : Rs. 185.45

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What is the compound interest on ₹ 20000 at 12% per annum for 6 months compounded quarterly *?

=Rs. 6,000.

What is the compound interest on 20000 at 12%?

20000 at 12% compound interest. Therefore, the answer of this question is Rs. 6000.

What is the interest on rupees 40000 compounded annually at 6% per annum for 6 months?

64=32% quarteralyPeriod (n) = 6 months = 2 quaters∴ Amount = P (1+R100)n=Rs. 40000 (1+32×100)2=Rs. 40000×203200×203200=Rs. 41209C.I.

How much would a sum of 20000 amount at 12% for 9 months if the interest is being compounded quarterly?

21854.54 in 9 months.

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