u/Busy_Equivalent2509

At what rate of interest per annum will a sum of ₹15,625 amount to ₹19,683 in 1 year and 6 months, if the interest is compounded half-yearly?

[A] 8%

[B] 20%

[C] 16%

[D] 19%

A certain sum of money becomes \(\frac{625}{256}\) times of itself in 1 year. Find the rate of interest per annum if interest is compounded quarterly.

Options:[A] 25%[B] 66.66%[C] 80%[D] 100%

Anyone explain 🤔🤔