Find the compound interest (in ₹) on ₹ $15625$ for $9$ months at $16 \%$ per annum compounded quarterly.

  • A
    $1851$
  • B
    $1941$
  • C
    $1951$
  • D
    $1961$

Explore More

Similar Questions

In how many years will ₹ $2,000$ yield ₹ $662$ as compound interest at $10 \%$ per annum compounded annually?

The difference between the compound and simple interest on a sum of money for $2$ years at $6 \frac{1}{4} \%$ per annum is $Rs. 10$. The sum (in $Rs.$) is

$A$ sum of money lent at compound interest for $2 \, yr$ at $20 \% \, p.a.$ would fetch $Rs. 964$ more,if the interest was payable half-yearly than if it was payable annually. What is the sum (in $Rs.$)?

Difficult
View Solution

$A$ bank offers $5 \%$ compound interest calculated on a half-yearly basis. $A$ customer deposits $Rs. 1600$ each on $1^{st}$ January and $1^{st}$ July of a year. At the end of the year,the amount (in $Rs.$) he would have gained by way of interest is:

The difference between simple and compound interest on a sum of $10000$ is $64$ for $2$ years. Find the rate of interest. (in $\%$)

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo