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The compound interest on ₹10,000 in 6 months at 8% per annum, the interest being compounded quarterly, is :
The compound interest on ₹10,000 in 6 months at 8% per annum, the interest being compounded quarterly, is :
Updated On: Sep 19, 2024
- ₹404
- ₹400
- ₹202
- ₹200
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The Correct Option is A
Solution and Explanation
The correct answer is (A) : ₹404.
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