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What will be the compound interest accrued on an amount of Rs 10000 at 20%?10000 at the end of two years is Rs. 2544.
What will be the compound interest accrued on an amount of ₹ 20000 at 20% pa in 2 years if the interest is compounded half yearly?∴ The required answer is Rs 4200.
What would be the compound interest for Rs 10000 at 10% pa for 2 and 1/2 years?The amount and the compound interest on ₹ 10,000 for 112 1 1 2 years at 10% per annum, compounded half-yearly is ₹ 11576.25 and ₹ 1576.25 respectively.
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