Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Quantitative Aptitude Interest Compound Interest
A sum of Rs. 10,000.00 (ten thousand) is invested at a rate of interest of 8% per annum compounded half yearly. What will be the maturity amount in 1.5 years?
1
Rs. 11248.64
2
Rs. 10816.20
3
Rs. 11200.00
4
Rs. 10108.64