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2384

Q: In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly ?

  • 1
    Quarter months
  • 2
    Half year
  • 3
    2 years
  • 4
    1 year
  • Show Answer
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Answer : 2. "Half year"
Explanation :

Answer: B) Half year Explanation: 3300 ----- 3% ↑ (1st time interval, 99) → 3399. Here, time interval is given as half-yearly i.e. 6 months.

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