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Verified Hint: Find the half yearly interest rate on the amount. Convert $1\dfrac{1}{2}$ years into half years and use the fact that if an amount P is compounded half-yearly with half yearly interest rate to be r for n half years, then the amount after n half years is given by $A=P{{\left( 1+r \right)}^{n}}$. Use the fact that the interest I is given by $I=A-P$. Hence find the interest on the given amount. Complete step by step answer: Note: Alternative Solution: We calculate the amount at the end of each half year and hence calculate the total interest. Why Aptitude Compound Interest?In this section you can learn and practice Aptitude Questions based on "Compound Interest" and improve your skills in order to face the interview, competitive examination and various entrance test (CAT, GATE, GRE, MAT, Bank Exam, Railway Exam etc.) with full confidence. Where can I get Aptitude Compound Interest questions and answers with explanation?IndiaBIX provides you lots of fully solved Aptitude (Compound Interest) questions and answers with Explanation. Solved examples with detailed answer description, explanation are given and it would be easy to understand. All students, freshers can download Aptitude Compound Interest quiz questions with answers as PDF files and eBooks. Where can I get Aptitude Compound Interest Interview Questions and Answers (objective type, multiple choice)?Here you can find objective type Aptitude Compound Interest questions and answers for interview and entrance examination. Multiple choice and true or false type questions are also provided. How to solve Aptitude Compound Interest problems?You can easily solve all kind of Aptitude questions based on Compound Interest by practicing the objective type exercises given below, also get shortcut methods to solve Aptitude Compound Interest problems.
What will be the compound interest be on 16000 for 1 and a half years at the rate of 10% per annum compounded half yearly?Complete step by step answer:
Hence the interest on the given amount after $1\dfrac{1}{2}$ years at 10% per annum compounded half yearly is Rs 2522. Hence option [b] is correct.
What is the compound interest on ₹ 5000 at 20% per annum for 1and half years compounded half yearly?C.I=6655-5000. C.I= 1655 (Ans)
What will be the compound interest on Rs 16000 at 20% per annum for 9 months compounded quarterly *?The compound interest on Rs. 16000 for 9 months at `20%` p.a, compounded quarterly is Rs. 2522.
What is the compound interest on Rs 64000 for 1 ½ years at 5% pa compounded half yearly?= ₹ 4921. Q. is the compound interest received when ₹64,000 is invested for 1.5 years at 5% per annum compounded half yearly.
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