Mathematics · Compound Interest
The compound interest on Rs. 8,000 for 1 year 6 months at 20% p.a., compounded half-yearly, is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,880
- 2Rs. 2,400
- 3Rs. 2,648✓
- 4Rs. 3,000
Correct answer
Rs. 2,648
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