Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Quantitative Aptitude Interest Compound Interest
A man borrows Rs 1024 at the interest rate of 50% per annum but payable half yearly for 2 years. What amount he has to payback at the end of the loan period if the interest was compound interest?
1
Rs. 2048
2
Rs. 2500
3
Rs. 5344
4
Rs. 5184