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Comparing Quantities — MATHS STD 8 — Question

Gujarat BoardEnglish MediumSTD 8MATHSComparing Quantities1 Mark
MCQ
What time period is taken when interest is calculated half yearly?
  • ✓
    Twice as much as the number of given years.
  • B
    Half as much as the number of given years.
  • C
    Same as the number of given years.
  • D
    None of these.
✓

Answer

Correct option: A.
Twice as much as the number of given years.
There are $2$ conversion period in a year in terms of interest for half yearly,
So, two is multiplied by the time period when we have to calculate interest in half yearly.
Therefore, time period is taken when interest is calculated half yearly is twice as much as the number of given years.
For example: If time is $6$ months.
Then half yearly is months.

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