The simple interest on a certain sum of money for 1\(\frac{1 }{2}\) year at 10% per annum is Rs.3600.Find the compound interest on the same sum at the same rate after 1\(\frac{1 }{2}\) year when interest being compounded semiannually. |
Rs. 3783 Rs. 3777 Rs. 3780 Rs. 3781 |
Rs. 3783 |
ATQ, Simple interest for 1.5 year = Rs.3600, Therefore, S.I. of each 6m = Rs.1200 Rate of Interest per 6 months = 5% Now, |