Q. 115.0( 2 Votes )

# Find the co

Answer :

Given:

P = Rs. 24000

Time(n) = 6 months

= two periods of 3 months

Time(n) = 2

R = 20 paise per rupees per annum

R = 20% per annum

There are 4 quarter in a year so,    A = Rs. 12 × 21 × 105

A = Rs. 26460

Compound interest = A – P

Compound interest = 26460 – 24000

= Rs. 2460

Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation view all courses RELATED QUESTIONS :

Find the amount aRS Aggarwal - Mathematics

A scooter is bougRS Aggarwal - Mathematics

The sum that amouRS Aggarwal - Mathematics

The difference beRD Sharma - Mathematics

The annual rate oRS Aggarwal - Mathematics

Find the amount aRS Aggarwal - Mathematics

Find the amount oRS Aggarwal - Mathematics

Fill in the blankRS Aggarwal - Mathematics

The compound inteRS Aggarwal - Mathematics