Find the compound interest on Rs. 5000 for 1.5 years at 10% per annum compounded half-yearly.

Topic: Interest
Subtopic: Compound Interest

ARs. 775.625

BRs. 788.125

CRs. 800.00

DRs. 825.25

Explanation

R = 10/2 = 5% per half-year, n = 1.5 * 2 = 3 periods. Amount = 5000 * (1.05)^3 = 5000 * 1.157625 = Rs. 5788.125. CI = 5788.125 – 5000 = Rs. 788.125.

Exam Relevance

Submitted by: mcqstutor Team More Mathematics MCQs →