A) Rs. 163.20
B) Rs. 2163.20
C) Rs. 2000
D) Rs. None of these
Correct Answer: A
Solution :
Principal = Rs. 2000 Time = 1 yr = 2 half years \[\therefore \] \[\,n=2\] Rate = 8% per annum = 4% half- yearly \[CI=2000{{\left( 1+\frac{4}{100} \right)}^{2}}-2000\] \[=216320-2000=Rs.\text{ }163.20\]You need to login to perform this action.
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