Arithmetic Ability
Compound Interest

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Q.

In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly ?

View Answer

Correct choice: B

Explanation:

3300 ----- 3% ↑ (1st time interval, 99) → 3399. Here, time interval is given as half-yearly i.e. 6 months.
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