Multiple Choice Questions on Find the compound interest on Rs 10000 at 12 rate of interest for 1 year compounded half yearly ........ for SSC CGL Exam Preparation

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Multiple Choice Questions

Find the compound interest on Rs 10000 at 12 rate of interest for 1 year compounded half yearly ........

Quantitative Aptitude (CGL) Compound Interest
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    Find the compound interest on Rs. 10000 at 12% rate of interest for 1 year, compounded half-yearly.

    1433

    Incorrect Answer

    1544

    Incorrect Answer

    1236

    Correct Answer

    1455

    Incorrect Answer
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    Explanation:

    Amount with CI = 10000 [1+ (12/2 * 100)]2 = Rs. 11236
    Therefore, CI = 11236 – 10000 = Rs. 1236

    By: MIRZA SADDAM HUSSAIN
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