Join 60,000+ competitive exam aspirants
If a sum of ₹6,20,000 is invested for one year at the rate of 2% per annum compounded half-yearly, find the compound interest.
₹13,795
₹12,462
₹11,667
₹10,682
₹12,462
Practice and solve "If a sum of ₹6,20,000 is invested for one year at the rate of 2% per annum compounded half-yearly, f..." for Mathematics - Previous Year Paper 2026. The correct answer is Option B: ₹12,462. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "If a sum of ₹6,20,000 is invested for one year at the rate of 2% per annum compounded half-yearly, f..." for Mathematics - Previous Year Paper 2026. The correct answer is Option B: ₹12,462. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.