Sudhanshu invested Rs.15,000 at interest 10 percent at per annum for o – McqOptions

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1.	Sudhanshu invested Rs.15,000 at interest 10 percent at per annum for one year. If the interest is compounded every six months what amount will Sudhanshu get at the end of the year?
A.	Rs. 16,537.50
B.	Rs.16,500
C.	Rs. 16,525.50
D.	Rs.18,150
E.	None of these
Answer» B. Rs.16,500

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