Interest is earned at 20% per annum (compounded half-yearly). ₹8,000 is invested on 1 January and ₹4,500 on 1 July of the same year. Find the total interest earned at the end of the year.
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) ₹2,130
- (B) ₹2,280
- (C) ₹2,190
- (D) ₹2,250
Verified Answer
Option (A): ₹2,130
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