Join ExamsbookAnswer : 2. "Half year"
In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly ?5
Q: In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly ?
- 1Quarter monthsfalse
- 2Half yeartrue
- 32 yearsfalse
- 41 yearfalse
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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.