Find the compound interest on Rs. 10000 at 12% rate of interest for 1 year, compounded half-yearly Choose the correct choice:	A) Rs. 1036	B) Rs. 1236	C) Rs. 1186	D) Rs. 1206	E) Rs. 1226
Amount with CI = 10000 [1+ (12/2 * 100)]2 = Rs. 11236   Therefore, CI = 11236 – 10000 = Rs. 1236 ANSWER :Rs. 1236
<result>B</result>
Find the compound interest on Rs. 10000 at 12% rate of interest for 1 year, compounded half-yearly