Find the compound interest on Rs. 20000 at 8 % per annum for 9 months compounded annually?

Q.Find the compound interest on Rs. 20000 at 8 % per annum for 9 months compounded annually?

A. Rs. 1200
B. Rs. 1224
C. Rs. 1250
D. Rs. 1150

Answer - B

Category - Simple Interest

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