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    What would be the compound interest on Rs. 15,750 at 20% per annum, in two years, if the interest is compounded half yearly?
    Question

    What would be the compound interest on Rs. 15,750 at 20% per annum, in two years, if the interest is compounded half yearly?

    A.

    Rs. 5,213.25

    B.

    Rs. 3,307.5

    C.

    Rs. 7,305.975

    D.

    Rs. 7,309.575

    Correct option is D

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