The compound interest on a sum of money Rs. 20000 for 1\frac{1}{4} years at the rate of 8\frac{1}{2}% per annum, compounded annually, is (approx.)

CTET 2 Math and Science 5 Jan 2022 Paper

Question : 37 of 150

Marks: +1, -0

The compound interest on a sum of money Rs. 20000 for

1\;{1}/{4}

years at the rate of 8

\;{1}/{2}

% per annum, compounded annually, is (approx.)

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