Mathematics · Compound Interest
Find the compound interest on Rs. 20,000 at 8% per annum for 1 year 6 months, compounded annually.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,880
- 2Rs. 2,464✓
- 3Rs. 2,725
- 4Rs. 2,640
Correct answer
Rs. 2,464
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