What is the compound interest on a sum of Rs. 12,000 at 18% per annum for 1\frac{1}{3} years, if the interest is compounded 8-monthly?

Correct Answer is : Rs. 3,052.8

SSC MTS 6 Oct 2021 Shift 2 Paper

Question : 74 of 100

Marks: +1, -0

What is the compound interest on a sum of Rs. 12,000 at 18% per annum for

1\;{1}/{3}

years, if the interest is compounded 8-monthly?

Go to Question:

Prev Question

Next Question