what is the compound interest on rs:50,000 for 4 months at the rate of 5% per annum	Choose the correct answer.
A) 1058.24 B) 2006.24 C) 838.55 D) 848.55 E) 858.55
it is monthly compound   rate=5/12% per month   50000*(1+5/1200)^4-50000=838.55   ANSWER:838.55
<result>C</result>
what is the compound interest on rs:50,000 for 4 months at the rate of 5% per annum