Find the compound interest when an amount of ₹2,70,000 is invested for one year at an annual interest rate of 10% compounded half-yearly.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) ₹27,850
  2. (B) ₹25,825
  3. (C) ₹27,625
  4. (D) ₹27,675

Verified Answer

Option (D): ₹27,675


Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a0bfb8-75c8-73e8-ac2e-f0254ed05f86/find-the-compound-interest-when-an