Compound Interest Half Yearly

Q.

Compound interest on a sum of ₹ 5000 in 1.5 years when interest is compounded half-yearly at the rate $20\%$ per annum is

1. ₹ 1555

2. ₹ 1455

3. ₹ 1655

4. ₹ 1755

Q.

A new car is purchased for $\$16,200$. The value of the car depreciates at $14.25\%$ $peryear$. What will the value of the car be, to the nearest cent, after $6$ $years$?

Q.

Find the CI on Rs. 10, 000 for 2 years at 20% per annum compounded semi - annually.

1. Rs. 4650

2. Rs. 4600

3. Rs. 4641

4. Rs. 4675

Q. Find the difference between the compound interest and simple interest on a sum of ₹50, 000 at 10% per annum for 2 years.

1. ₹500
2. ₹1500
3. ₹600
4. ₹700

Q.

Vasudevan invested ₹60, 000 at an interest rate of 12% per annum compounded half yearly. What amount would he would get after 6 months?

1. ₹63, 300

2. ₹63, 600

3. ₹66, 300

4. ₹66, 600