Consider the compound interest in the following cases:
(A) The compound interest on Rs 16000 at 20% per annum for 9 months, compounded quarterly is Rs. 2500
(B) The compound interest on Rs 2800 at 10% per annum for 18 months is Rs. 434.
Choose the correct statement(s):
Held on 20 May 2025 · Verified 13 Jul 2026.
Only (A)
Only (B)
(A) and (B)
Neither (A) nor (B)
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