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    Question

    If interest be compounded half-yearly, then find the

    compound interest on ₹8,000 at 20% p.a. for 1 year.
    A ₹1,675 Correct Answer Incorrect Answer
    B ₹1,690 Correct Answer Incorrect Answer
    C ₹1,685 Correct Answer Incorrect Answer
    D ₹1,680 Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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