Mathematics · Compound Interest
The compound interest on Rs. 8000 in 1 year at 5% per annum, with the interest being compounded half-yearly, is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1275
- 2Rs. 173.05
- 3Rs. 405✓
- 4Rs. 1722
Correct answer
Rs. 405
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