If interest is compounded half-yearly, what will be the compound interest (in ₹, rounded to the nearest ten) on ₹10,000 at 8% per annum for 1.5 years?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 1,150
2. (B) 1,450
3. (C) 1,250
4. (D) 1,350

Verified Answer

Option (C): 1,250

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