Arithmeticmedium · Past Paper

Find the compound amount on Rs 10000 for 1.5 years at 10% per annum, interest being payable half-yearly.

ARs 11500
BRs 11576.25
CRs 11600
DRs 12000

✓ Correct Answer: BRs 11576.25

Semi-annual: R=5%, T=3 periods. A = 10000(1.05)^3 = 10000(1.157625) = 11576.25.

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