Mathematics · Interest
If interest be compounded half-yearly, then find the compound interest on ₹8,000 at the rate of 20% per annum for 1 year.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹1,680✓
- 2₹1,685
- 3₹1,690
- 4₹1,675
Correct answer
₹1,680
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