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Applied Mathematics · 2025 · 1 mark
CBSE 2025 · Central · Set 4 · Q17
The effective rate of interest equivalent to a nominal rate of 4% compounded semi-annually, is
The effective rate of interest equivalent to a nominal rate of $\displaystyle 4$% compounded semi-annually, is
Official answer
(B)
4.$\displaystyle 04$%
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CBSE Class 12 Applied Mathematics past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.