Gujarati
Hindi
6.Interest
easy

If $64000$ is deposited at $5 \%$ compound interest for a period of $18$ months, interest being compounded half-yearly, find the amount.

A

$69821$

B

$68921$

C

$62891$

D

$62981$

Solution

Amount $=64000\left(1+\frac{2.5}{100}\right)^{3}=64000\left(\frac{41}{40}\right)^{3}=₹ 68921$

Standard 13
Quantitative Aptitude

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