Rohit invests Rs. 25000 in an investment at a compound interest of 15% per annum.
However he has to withdraw his investment after 16 months. how much interest did rohit earn?

a) 5121
b) 5187.50
c) 2441.33
d) 4221

• given p=25000
  time=16/12 yr =4/3 yr .
  Amount = 25000(1+15/100) (1+(15*1/3)/100)
  = 30187.50
  C.I=Amount - Principal
  =30187.50-25000=5187.50
  
  so ans is 5187.50
• 9 years agoHelpfull: Yes(8) No(2)
• 4812 is the intrest aftr 16 monts
  
• 9 years agoHelpfull: Yes(0) No(10)
• height should be decreased by 16%
• 8 years agoHelpfull: Yes(0) No(0)
• interest for 1st 12 months = 25000*0.15=3750.
  interest for next four months = (28750*0.15/12)*4 = 1437.50
  total interest = 5187.50 rohit earned.
• 5 years agoHelpfull: Yes(0) No(0)