A sum of money is invested at 40% p.a. compound interest, compounded half-yearly. If the amount at the end of one and half years is Rs. 2,16,000, then ﬁnd the sum ?

A sum of money is invested at 40% p.a. compound interest, compounded h

1.	A sum of money is invested at 40% p.a. compound interest, compounded half-yearly. If the amount at the end of one and half years is Rs. 2,16,000, then ﬁnd the sum ?
A.	Rs. 1,10,000
B.	Rs. 1,40,000
C.	Rs. 1,50,000
D.	Rs. 1,25,000
Answer» E.

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A sum of money is invested at 40% p.a. compound interest, compounded half-yearly. If the amount at the end of one and half years is Rs. 2,16,000, then ﬁnd the sum ?

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