Q

# A person deposits an amount of Rs.10000 at 10% p.a compound interest. For the 1st year the interest is compounded annually. For 2nd year the interest is c

A person deposits an amount of Rs.10000 at 10% p.a compound interest. For the 1st year the interest is compounded annually. For 2nd year the interest is compounded half yearly. At the end of two years the sum amounts to

• Option 1)

Rs.12587.5

• Option 2)

Rs.12127.5

• Option 3)

Rs.12367.5

• Option 4)

Rs.12500.5

• Option 5)

None of these

Views

R =100 %

$After\: years \: the\: sum \: amounts$ $= 1000 \times 1.1 \times (1.05) ^{2}$

$= 10000 \times \frac{11}{10} \times \frac{21}{20} \times \frac{21}{20}$

$12127.5 Rs.$

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