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What is the compound interest on Rs. 1000 at the rate of 20% per annum for 18 month when interest is compounded half yearly?
Rs. 331
Rs. 1331
Rs. 320
Rs. 325
Rs. 331
Practice and solve "What is the compound interest on Rs. 1000 at the rate of 20% per annum for 18 month when interest is..." for Electrical - Economics for Engineers. The correct answer is Option A: Rs. 331. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(a) **