Sam invested ₹ $15000$ at $10 \%$ per annum for one year. If the interest is compounded halfyearly, then the amount (In ₹) received by Sam at the end of the year will be

  • A

    $16500$

  • B

    $16525.50$

  • C

    $16537.50$

  • D

    $18150$

Similar Questions

The compound interest earned by Shivam on a certain amount at the end of $2$ years at the rate of $8 \,p.c.p.a.$ was $Rs. 1414.4 .$ What was the total amount that Shivam got back at the end of $2$ years in the form of principal plus interest earned (In $Rs.$) ?

Monica deposited a total of $Rs. 10500$ with a bank in two different deposit schemes at $10 \%$ $p.a.$, interest being compounded annually. As per the schemes, she gets the same amount after $2 \,years$ on the first deposit as she gets after $3 \,years$ on the second deposit. How much money (In $Rs.$) did she deposit for $3 \,years$?

A sum of $Rs. 1000$ after $3 \,years$ at compound interest becomes a certain amount that is equal to the amount that is the result of a $3 \,year$ depreciation from $Rs. 1728$. Find the difference between the rates (In $\%$) of $C.I.$ and depreciation? (Given $C.I.$ is $10 \%$ $p.a.$)

Sita deposited $Rs. 5000$ at $10 \%$ simple interest for $2$ years. How much more money (In $Rs.$) will Sita have in her account at the end of $2$ years, if it is compounded semi-annually?

The difference between the compound interest and simple interest on a certain sum at $5 \%$ for $2$ years is ₹ $1.50$. The sum is (In ₹)