The compound interest for ₹ 15,000 at 20% per annum for 2 years compounded semi-annually is _____

CA Foundation · Quantitative Aptitude · PYQS · May 2026
The compound interest for ₹ 15,000 at 20% per annum for 2 years compounded semi-annually is _____
(A) A. ₹ 9,661.50
(B) B. ₹ 6,961.50
(C) C. ₹ 9,691.50
(D) D. ₹ 6,696.15

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. ₹ 6,961.50

Topics: Part-A: Business Mathematics

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic