Question:
In how much time will a sum of ₹ 64,000 amount to ₹ 68,921 at 5% per annum, interest being compounded half yearly ?
In how much time will a sum of ₹ 64,000 amount to ₹ 68,921 at 5% per annum, interest being compounded half yearly ?
Updated On: Feb 27, 2025
- 2 years
- 3 years
- \(1\frac{1}{2}\) years
- \(2\frac{1}{2}\) years
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The Correct Option is C
Solution and Explanation
The correct option is (C) :\(1\frac{1}{2}\) years.
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