A sum of Rs. 10,500 amounts to Rs. 13,650 in 2 years at a certain rate percent per annum simple interest. The same sum will amount to what in 1 year at the same rate, if the interest is compounded half yearly (nearest to Rs.1)?

A sum of Rs. 10,500 amounts to Rs. 13,650 in 2 years at a certain rat

1.	A sum of Rs. 10,500 amounts to Rs. 13,650 in 2 years at a certain rate percent per annum simple interest. The same sum will amount to what in 1 year at the same rate, if the interest is compounded half yearly (nearest to Rs.1)?
A.	Rs. 12,124
B.	Rs. 12,143
C.	Rs. 12,134
D.	Rs. 12,314
Answer» D. Rs. 12,314

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A sum of Rs. 10,500 amounts to Rs. 13,650 in 2 years at a certain rate percent per annum simple interest. The same sum will amount to what in 1 year at the same rate, if the interest is compounded half yearly (nearest to Rs.1)?

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