A certain sum amount to Rs. 15,500 in 2 years at 12% p.a. simple interest. The same sum will amount to what in $$1\frac{1}{2}$$ years at 10% p.a., if the interest is compounded half yearly (nearest to Rs. 1)?
A. Rs. 14,470
B. Rs. 15,125
C. Rs. 14,360
D. Rs. 13,460
Answer: Option A
Related Questions on Compound Interest
A. Rs. 120
B. Rs. 121
C. Rs. 122
D. Rs. 123
E. None of these
A. 625
B. 630
C. 640
D. 650
E. None of these
A. Rs. 2160
B. Rs. 3120
C. Rs. 3972
D. Rs. 6240
E. None of these
A. Rs. 2.04
B. Rs. 3.06
C. Rs. 4.80
D. Rs. 8.30
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