If A = ₹ 1000, n = 2 years, R = 6% p.a. compound interest payable half-yearly then principal (P) is.
CA Foundation · Quantitative Aptitude · MTP · April 2025
If A = ₹ 1000, n = 2 years, R = 6% p.a. compound interest payable half-yearly then principal (P) is.
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. ₹888.80
Topics: Part-A: Business Mathematics
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