Mathematics · Compound Interest
A bank offers 3.8% compound interest per annum calculated on a half-yearly basis. A customer deposits ₹2710 each on 1 January and 1 July of a year. At the end of the year, the amount he would have gained by way of interest is ________. [Give your answer correct to 2 decimal places.]
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1₹155.44✓
- 2₹174.88
- 3₹175.44
- 4₹170.50
Correct answer
₹155.44
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Compound Interest MCQs →Want more practice questions on Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Compound Interest