Mathematics · Compound Interest
A person borrowed Rs. 8000 on compound interest at the rate of 20% per annum. If the interest is compounded half-yearly, then what will be the total amount to be paid after 1.5 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 9865
- 2Rs. 10825
- 3Rs. 11488
- 4Rs. 10648✓
Correct answer
Rs. 10648
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