The amount of a certain sum in 2 years at 20% p.a is Rs. 7776, interest compounded yearly. What will be the amount of the same sum in 1\frac{1}{2} years at the same rate of interest, compounded half yearly? (Nearest to a Rs.)

MP Police Constable 12-Aug-2023 Shift 1 Solved Paper

Question : 71 of 100

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The amount of a certain sum in 2 years at 20% p.a is Rs. 7776, interest compounded yearly. What will be the amount of the same sum in 1

\;{1}/{2}

years at the same rate of interest, compounded half yearly? (Nearest to a Rs.)

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