Q. If the interest is compounded half-yearly, then what will be the compound interest (in Rs) on a sum of Rs 10000 for 1 year at the rate of 10% per annum?
A) 525
B) 1250
C) 1025
D) 1000
✔ Correct Answer: 1025
Exam Insight
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A) 525
B) 1250
C) 1025
D) 1000
✔ Correct Answer: 1025
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