Subject :IMO Class : Class 8
Pankaj borrowed ₹ 8000 for 2 years at 15% per annum. Calculate the amount, if interest is
(i) Compounded annually
(ii) Compounded half yearly
| (i) | (ii) | |
| A | ₹ 10550 | ₹ 11883.25 |
| B | ₹ 10090 | ₹ 12432.75 |
| C | ₹ 10580 | ₹ 10502.50 |
| D | ₹ 10580 | ₹ 10683.75 |
Ans 1:
Class : Class 8
Ans 2:
Class : Class 4