# In what time 8000 Rs. will amount to 9261 Rs. at 10% per annum compound interest, when the interest is compounded half yearly?

In what time 8000 Rs. will amount to 9261 Rs. at 10% per annum compound interest, when the interest is compounded half yearly? [A]1.5 years [B]2 years [C]2.5 years [D]3.5 years Show Answer 1.5 years Interest is compounded half yearly. ∴ Rate of interest = 5% Hence option [A] is correct answer.