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For an investment, if the nominal rate of interest is 10 % compounded half yearly, then the effective rate of interest is :

CUET UG 2024 — Mathematics Statistics & Applications

2024mcqeasy

For an investment, if the nominal rate of interest is 10%10 \%10% compounded half yearly, then the effective rate of interest is :

Official previous-year question

Held on 16 May 2024 · Verified 13 Jul 2026.

Options

  1. A

    10.25%10.25 \%10.25%

  2. B

    11.25%11.25 \%11.25%

  3. C

    10.125%10.125 \%10.125%

  4. D

    11.025%11.025 \%11.025%

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