What is the compound interest on Rs. 5,000 for 2 years at 10%, per annum, compou – OfficerPath

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MCQ Practice

What is the compound interest on Rs. 5,000 for 2 years at 10%, per annum, compounded half-yearly?

Subject: MathematicsTopic: Compound Interest

A

Rs. 1,025.00

B

Rs. 2,320.50

C

Rs. 1,050.00

D

Rs. 1,077.50

Correct Answer: D

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