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Ramesh deposits ₹24,000 in his account, which pays an annual interest rate of 12% compounded quarterly. Calculate the total amount in his account after six months
₹25,461.60
₹25,937
₹25,678.60
₹25,431
₹25,461.60
Practice and solve "Ramesh deposits ₹24,000 in his account, which pays an annual interest rate of 12% compounded quarter..." for General Awareness - Previous Year Paper 2025. The correct answer is Option A: ₹25,461.60. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Ramesh deposits ₹24,000 in his account, which pays an annual interest rate of 12% compounded quarter..." for General Awareness - Previous Year Paper 2025. The correct answer is Option A: ₹25,461.60. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.