-
Find the amount which Shyam will get on Rs. 4096, if he gives it for
18 months at 12 1 % per annum, interest being compounded half yearly. 2
-
- Rs. 5,813
- Rs. 4,515
- Rs. 4,913
- Rs. 5,713
Correct Option: C
When interest is compounded half yearly ,
| Principal = Rs. 4096 , Time = | years = 3 half years | |
| 2 |
| Rate = | % per annum = | per half year | ||
| 2 | 4 |
Using the given formula ,
| ∴ A = P | ![]() | 1 + | ![]() | T | |
| 100 |
| A = 4096 | ![]() | 1 + | ![]() | 3 | |
| 400 |
| A = 4096 | ![]() | 1 + | ![]() | 3 | |
| 16 |
| A = 4096 × | × | × | = Rs. 4913 | |||
| 16 | 16 | 16 |

