A sum of Rs. 10,500 amounts to Rs. 13,650 in 2 years a certain rate percent annum simple interest. The same sum will amount to what in 1 year at the same rate, if the interest in compounded half yearly (nearest to Rs. 1)
A. Rs. 12,124
B. Rs. 12,134
C. Rs. 12,143
D. Rs. 12,314
Answer: Option B
This Question Belongs to Arithmetic Ability >> Compound Interest
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